Siemens in Morris County laying off workers
Company plans to move its factory to Ireland
Health care company Siemens Healthineers is in the process of laying off 300 people at its diagnostics division in Morris County, a state regulatory filing shows.
The layoffs span 13 dates from March of this year through the end of 2024 and affect the Flanders location, according to the Worker Adjustment and Retraining Notification, which was filed with the state Department of Labor this month.
Siemens was awarded a $36 million state tax break in 2013 for a facility completed two years later in Flanders.
It featured over 147,000 square feet of manufacturing, warehouse, office and lab space.
A company spokesperson said the 300 layoffs include a round of 67 layoffs rolled out earlier this year in Flanders.
A Siemens spokesperson said roughly 750 people work at the Flanders site.
At the end of 2022, Siemens was struggling with “external headwinds” such as the “effects from the COVID-19 pandemic, global inflationary concerns, supply issues, and labor shortages,” the spokesperson said in a written statement.
Most of the jobs affected by the New Jersey layoffs will be in manufacturing, said Siemens, which added that those affected employees will be eligible for severance and outplacement benefits.
Siemens is opting to transfer its manufacturing to a facility in Ireland, the spokesperson said.
“This decision to consolidate some manufacturing operations in Flanders does not impact other operations of the Diagnostics business area of Siemens Healthineers or of Siemens Healthineers / Siemens businesses in New Jersey,” the company said.
Reuters reported a year ago that Siemens was aiming to create $302 million in annual savings through job cuts and abandoning locations on its roster.
In the health care and pharmaceutical world in New Jersey, CVS said it is laying off 90 employees as part of a restructuring plan, and Pfizer said it is selling its Peapack-Gladstone campus and relocating nearly 800 employees.