Pharmaceutical company Catalent to lay off 400 employees at Bloomington location

  • 📰 wrtv
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Catalent, Inc., one of the largest employers in Bloomington, plans to lay off roughly 400 employees at its location there, a company spokesperson says.

BLOOMINGTON — Pharmaceutical company Catalent, Inc., one of the largest employers in Bloomington, plans to lay off roughly 400 employees at its location there.

A spokesperson for the company confirms a letter was sent to employees stating they will be notified by Friday of their employment status."We will offer severance and job transition support to all impacted employees and will seek to deploy as many as possible to other open roles in the network. Bloomington remains an important part of Catalent's global network and long-term growth strategy," the spokesperson wrote in an email to WRTV.

Catalent, based out of New Jersey, employs more than 19,000 people, according to its website. The company hired thousands of employees over the past two years during the COVID-19 pandemic. During that time, it contributed to the production of vaccines and treatments against the disease.Its Bloomington location specializes in clinical and commercial biomanufacturing and drug product fill/finish and packaging, according to the company's website.

"To meet the needs of the pandemic, we added personnel to the facility at an extraordinary rate to ensure that we could meet our commitments, but now the size and structure of our organization needs to match current demands in order to increase efficiency and cost-effectiveness," the spokesperson said in a statement.

TOP STORIES: Bullet links Richard Allen to Delphi murders | New push to name 17 unidentified victims of Indiana serial killer | Who is Herbert Baumeister? What we know about Indiana serial killer | IACS says 'animals will die' if they don't get fosters, adopters soon | Richard Allen charged in 2017 murders of Libby & Abby

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 598. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines