Beckman Coulter Announces 90 Layoffs

Job Losses
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Beckman Coulter Inc. (NYSE:BEC) recently filed paperwork with the state of California saying it slashed 90 jobs. The laboratory instrument maker employs 1,100 at its headquarters in Brea, California.

The company did not say which departments were affected by the layoffs, but said employees will receive a severance package and outplacement assistance.

Back in February, the Fullerton Planning Commission approved a project at the former Beckman Coulter campus at Harbor Boulevard and Lambert Road. The property had been idle since 2010.

Western Realco, LLC proposed to develop the 44.3-acre site with eight buildings. The business park would offer office, warehouse, manufacturing and light-industrial spaces in 978,665 square feet. The buildings could be purchased or leased. Western Realco first announced it acquired the property back in November 2015.

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California was been hit by a number of job cuts in June. According to the worker adjustment and retraining notifications (WARN) with the California Employment Development Department, 34 notices were filed in June, affecting 3,485 workers.

HMSHost in Los Angeles announced 82 permanent job losses, while Anaheim-based Benchmark Electronics, Inc. (NYSE:BHE) filed 75 layoff notices with the state, effective September 30.

Irvine-based Royalty Carpet Mills abruptly closed its doors earlier in the month, a move that cost 400 people their jobs. The layoffs are effective August 13. The company had been in operation for almost a century and gave no warning that it would be shuttering its doors. The closure affects 175 people in Irvine, 134 in Porterville, and 103 in Santa Ana.

Yahoo Holdings, Inc., another big employer in the state, filed permanent job loss notices for 840 Yahoo! staffers.

Most of the California layoffs, 263 people, were at Yahoo’s Sunnyvale headquarters; 83 at the company’s San Francisco offices were let go. Another 84 layoffs took place in Los Angeles.

These layoffs are just the beginning. Verizon Communications Inc. (NYSE:VZ) expects to jettison roughly 2,100 jobs, or 15% of the workforce, at AOL and Yahoo. The two companies will fall under a new Verizon division called Oath.

And the struggles continue at Sears Holdings Corp (NASDAQ:SHLD). Its Kmart locations filed 218 permanent job loss notices with the state of California. Eighty-seven employees lost their jobs in Blythe, 47 in Manteca, and 84 in Sacramento.

Finally, Nestle SA was responsible for the most California job losses in June 2017. The company filed 565 permanent job loss notices with the state. In June 2016, 42 notices were filed in June, affecting 4,886 workers.

Sources:

WARN Report,” State of California Employment Development Department, last accessed July 4, 2017.

RENTV.com Western Realco Acquires 30 Acres in Fullerton,” Western Realco, last accessed July 4, 2017.

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