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?