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Brooks Automation plans 5 percent staff reduction
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In its recent financial results release, Brooks Automation’s CEO Robert J. Lepofsky announced the company’s intention to cut 5% of its workforce by March 1st. With a current staff of approximately 1,900, this announcement will see almost 100 job losses, but will mean accrued savings of between $12 and 15 million for the company.
Mr. Lepofsky also hinted that there could be further job cuts during
the year, in a further effort to reorganize management and cut costs.
“We
have also identified the potential that will accrue from additional
reductions that will be made throughout the balance of the calendar
year as we continue to transition to new and more effective ways of
working inside Brooks,” said Lepofsky in the company’s latest earnings
call.