Labcorp, the medical testing company with a major presence in New Jersey, is reducing its Labcorp Early Development Laboratories workforce in Somerset, and as many as 239 people could lose their jobs.
Labcorp said in a federal WARN notice that it is consolidating testing operations and moving some of the functions performed in Somerset to other sites.
In a statement emailed to ROI-NJ, the company said:
“Labcorp has made the strategic decision to reduce our Early Development workforce in Somerset. This decision, while difficult, optimizes our operations and ensures we are able to meet the needs and expectations of our customers by utilizing our global capacity and scientific centers of excellence across the organization.
“We will work with impacted employees and invite them to find alternative positions within the company. Those employees who cannot obtain alternative employment within the company will be eligible for severance benefits.”
Potential layoffs would be spread out from those already conducted in November through April of 2024, according to the WARN notice.
WARN notices normally cover mass layoffs or facility closings as part of the Worker Adjustment and Retraining Notification Act of 1989.