October 13, 2025 - 17:12
LAWRENCE, MA — Biomanufacturing firm Revvity Inc. is continuing its workforce reduction efforts, confirming the closure of a second site in the state. This move is part of a broader strategy to consolidate operations as the company navigates challenging market conditions.
The decision to close the facility comes as Revvity seeks to streamline its operations and reduce costs amid ongoing economic pressures. The layoffs associated with this closure will add to the workforce reductions already implemented earlier this year, raising concerns among employees and industry observers about the company's long-term viability.
Revvity has emphasized its commitment to maintaining a strong presence in Massachusetts, despite the difficult decisions being made. The company's leadership has stated that these changes are necessary to ensure future growth and competitiveness in the biomanufacturing sector. As the company moves forward, it will focus on optimizing its remaining facilities and resources to better serve its clients and stakeholders.
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