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Market Chatter: Emergent BioSolutions to Cut 70 Jobs at Michigan Plant
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Market Chatter: Emergent BioSolutions to Cut 70 Jobs at Michigan Plant
Aug 29, 2024 2:46 AM

07:29 AM EDT, 08/27/2024 (MT Newswires) -- Emergent BioSolutions ( EBS ) is cutting up to 70 jobs at its Lansing, Michigan facility as part of a restructuring project, Reuters reported late Monday, citing the company.

The company in May cut 300 jobs and closed a manufacturing facility in Baltimore, Bayview and a drug product site in Rockville, Maryland, Reuters reported.

The company did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 9.21, Change: -0.11, Percent Change: -1.18

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