JAX cuts 55 jobs
The Jackson Laboratory will cut approximately 55 jobs and temporarily reduce work hours in an attempt to keep the research facility on solid financial footing.
The layoffs, which represent 4% of the Bar Harbor lab's work force, will occur over the next two weeks and were announced Thursday as part of a wide-ranging plan to cut operating costs and boost revenues, the Ellsworth American reported. Cuts will be made in administrative, operations and support jobs throughout the campus, but research staff will not be affected. Laid-off employees will receive a severance package of two weeks' pay and one week of pay for every year worked at the lab. Also, effective March 30, 315 hourly staff will work 37.5 hours per week instead of the normal 40 hours. A hiring freeze instituted in January remains in effect, except for jobs funded by external grants and a few critical positions, VillageSoup reported.
Weakening revenue from a drop in research mouse sales worldwide and a decline in investment income were cited as reasons for the lab's financial troubles.
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