MedTech Dive January 5, 2024
The scientific instruments maker, which has been streamlining operations to cut costs, said the latest job reductions would be effective Feb. 1.
Dive Brief:
- Thermo Fisher Scientific has notified the state of California that it plans to lay off 74 employees in Petaluma by Feb. 1, as the laboratory instruments maker further streamlines operations to reduce costs. The layoffs were reported in a Worker Adjustment and Retraining Notification (WARN) notice.
- The Waltham, Massachusetts-based company is not renewing its 10-year lease on the Petaluma facility, which expires in July, the North Bay Business Journal reported in November.
- Severance actions associated with facility consolidations and cost reduction measures affected about 4% of the company’s workforce in 2023, Thermo Fisher said in...
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Topics: Medical Devices