Johnson & Johnson’s
(NYSE: JNJ)
DePuy Spine issued a WARN letter confirming 67 layoffs at a facility in Monument, Colorado.
The company issued the letter pursuant to the Worker Adjustment and Retraining Notification (WARN) Act. It decided to eliminate positions permanently at the facility located at 1101 Synthes Avenue, Monument, Colorado.
DePuy’s letter said the action comes as a result of a business decision. The company elected to permanently discontinue manufacturing, quality and distribution activities at the location. Employee separation comes over the course of a 14-day window. The state received the WARN letter on Oct. 30 and it says layoffs begin on Dec. 29, 2023.
Jobs affected by the layoffs include assembly/packaging, business solutions, facilities and manufacturing/production positions. The largest amount of employees affected — 41 — hold material/handling/distribution jobs. The layoffs also affect operations, process, process engineering, production maintenance, quality control/assurance and warehouse positions.
DePuy also executed 15 layoffs at the same plant in July and another 10 in August, according to the state of Colorado. These moves come as many companies in medtech have executed workforce reductions over the past year and more.
The latest batch of layoffs at DePuy also follows a shift in J&J’s management of its orthopedics business unit. Earlier this month, the company shared plans for a two-year restructuring program. It aims to take the orthopedics unit out of “less profitable markets and product lines” to improve the segment’s profitability.
There was news in March that J&J MedTech would lay off at least 1,000 employees in a reorganization effort.
Statement from J&J MedTech
A Johnson & Johnson MedTech spokesperson provided the following statement to MassDevice via email:
“We are continuously looking for opportunities to evolve and improve the way we operate. As part of that process, we evaluated our supply chain operations and began to migrate product supply from our Monument, CO facility to our Mooresville, IN distribution center in 2020. We remain committed to supporting employees and partners during this time of change. This move will increase capacity for our inventory and enhance supply chain operations in support of our customers and their patients.”
