AM I NEXT? NO LOVE AT SANDOZ

Basel, Switzerland-based Sandoz, a generic pharmaceutical company, has announced plans to close its manufacturing facility in Wilson, North Carolina before the end of 2024.

The closure will impact 213 employees.

According to a company spokesperson, "To remain cost-competitive, it is important to use our sites to full production capacity. In the case of the Wilson site, we have been trying for a while to bring in more volume, but despite all our efforts, not enough options have materialized. This was not a surprise to our associates. We've been fully transparent for years about the closing of the plant. We care about our associates, and we've been intent on respecting and supporting them throughout this process."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT LONZA GROUP

Basel, Switzerland-based Lonza Group, a pharmaceutical Contract drug development and manufacturing company, has announced the closure of its 120,000-square-foot Hayward, California manufacturing facility it purchased in 2017.

The closure will impact 218 employees, including positions in management, human resources, engineering and technical services, environment, health and safety, finance, microbiology, manufacturing, science and technology, and quality control. .

According to a company spokesperson, "Lonza is preparing to decommission the mammalian clinical manufacturing facility in Hayward. The phased closure is expected to kick off in the first quarter of 2024 and conclude in the first quarter of 2025. This decision has been reached as CDMO [contract development and manufacturing organization] market demand is focused on combined and integrated clinical-commercial offerings, and the Hayward site provides limited growth opportunities beyond its clinical scope."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT FERRING PHARMACEUTICLES USA

Parsippany, New Jersey-based Ferring Pharmaceuticals USA, a biopharmaceutical company specialising in areas such as reproductive health, maternal health, gastroenterology and urology, has announced a reduction in its workforce.

The reduction in force will impact 134 employees with layoffs in New Jersey, Minnesota, and 55 employees in Roseville, Minnesota. Layoffs will occur between February and March 2024.

According to a company spokesperson, "The company has optimized resources to align with its revised business strategy. Following redeployments, this has resulted in a limited number of job reductions."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?