Location: Baltimore, MD.
Based on news reporting.
Paragon Industries, Inc., a drug manufacturing giant, has announced that it will lay off 350 employees in the Baltimore area. This decision reflects the company's ongoing restructuring efforts amid challenging market conditions. The layoffs are part of a broader strategy to streamline operations and improve efficiency. The affected employees will be notified shortly, and the company is committed to providing support during this transition. Paragon Industries continues to assess its workforce needs as it navigates the current economic landscape.
Paragon Industries, Inc. cut 350 jobs as of August 20, 2025.
That is roughly 29.2% of the 1,200 people Paragon Industries, Inc. employs.
LayoffTalk has tracked 4 layoff events at Paragon Industries, Inc. since January 2025, affecting a combined 697 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.