BioReference Health Elmwood Park

BioReference Health Elmwood Park has laid off approximately 100 employees at its headquarters in Elmwood Park, NJ, as part of a restructuring process following its acquisition by Labcorp. The layoffs are part of a broader strategy to streamline operations and integrate the company into Labcorp's existing framework. This move reflects the ongoing changes within the organization as it adapts to new ownership and aims to enhance efficiency. The workforce reduction is expected to impact various roles within the company, although specific departments affected have not been disclosed.

BioReference Health Elmwood Park has laid off 81 employees following its acquisition by Labcorp. The layoffs are part of a restructuring process after the takeover, which aims to streamline operations. The affected employees were notified of their termination, which took effect on October 1, 2023. This move reflects the ongoing adjustments within the company as it integrates into Labcorp's larger framework. The layoffs highlight the challenges faced by the laboratory in adapting to new corporate strategies post-acquisition.