Layoffs Strike Thermo Fisher as COVID-19 Testing Demand Wanes

Layoffs Strike Thermo Fisher as COVID-19 Testing Demand Wanes

Source: 
Medical Devices and Diagnostics Industry
snippet: 


Thermo Fisher Scientific is closing down three facilities and facing layoffs because of the severe decline in demand for COVID-19 testing.

The Waltham, MA-based company is cutting 230 positions, according to three Worker Adjustment and Retraining Notification (WARN) notices.