Thermo Fisher Scientific Inc. Closes Franklin Site, Reducing Massachusetts Workforce
SOURCENews reportView the filing ↗
What we know
Location: Franklin, Massachusetts.
Department affected: Viral Vector.
Based on news reporting.
Summary
Thermo Fisher Scientific Inc. is set to reduce its workforce by approximately 100 employees due to the closure of its Franklin site in Massachusetts. This decision is part of a broader strategy to streamline operations and enhance efficiency within the company. The layoffs are expected to take effect in early October 2023, impacting the local workforce significantly. The closure reflects ongoing adjustments in the company's operational footprint as it adapts to changing market conditions. Thermo Fisher has not specified if any particular departments will be more affected than others, but the overall reduction highlights the company's commitment to optimizing its resources.
LayoffTalk has tracked 37 layoff events at Thermo Fisher Scientific Inc. since November 2022, including 1,299 jobs documented in official WARN filings, with 18 additional events known from news reporting.
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