Baxter (NYSE:BAX) and Greatbatch (NYSE:GB) subsidiary Lake Region Medical are laying off workers in Colorado, according to a Worker Adjustment and Retraining Notification Act notice.
Baxter, which is planning to shutter a plant in Englewood, Colo., over the next year, will cut 106 jobs as a result, according to the April 5 WARN notice. Last October, Deerfield, Ill.-based Baxter said it planned to cut about 1,400 jobs by the end of the year, or about 5% of its non-manufacturing workforce, with about ⅔ of the job cuts planned for outside the U.S.
Wilmington, Mass.-based Lake Region Medical, which closed a $1.73 billion takeover by Greatbatch in October 2015, plans to cut 104 jobs at its facility in Jefferson beginning this month and continuing through early June, according to the WARN notice.
