🗞️ Charles River to lay off 3% of staffers as it streamlines spending

Business

Charles River Laboratories is cutting around 3% of its total workforce in “response to current trends,” a company spokesperson told News in an email. The Wilmington, MA-based company is laying off staff as well as “streamlining” its cost structure to “optimize its footprint, be more effective in supporting clients, and drive greater operating efficiencies, ” the spokesperson added. As of Dec. 31 2023, the company had around 21,800 employees globally, and a 3% cut could mean that around 650 staffers would be laid off. When asked which part of the business is most affected, the spokesperson said that “reductions occurred across the organization and were influenced by current industry demand and client needs.” Last month, the company ...

Endpoints     Sep 12, 2024