Peabody, Massachusetts’ Analogic will reduce its worldwide workforce by 9%, or 140 jobs, including 128 in the Bay State, as part of a plan to cut costs by $9.6 million per year.
The 128 Massachusetts jobs represent 12% of the company’s statewide workforce.
Analogic, a provider of medical imaging and aviation security technology, cited “global economic conditions” as the reason for the layoffs.
The company added it expects to take a restructuring charge of $3.4 million during the Q2.
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August 5th, 2009 at 12:57 pm
[...] Massachusetts’ Analogic, which cut 140 jobs in January, has cut another 85 jobs, or 6% of its remaining [...]
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