Charles River Laboratories International Inc. is now sharing how many jobs it expects to cut as it undergoes “restructuring initiatives” which it announced last month.
A spokesperson for the Wilmington-based firm confirmed to the Business Journal that Charles River Labs is in the process of reducing its workforce by about 3%. Charles River Labs (NYSE: CRL) reported that it had approximately 21,800 employees at the end of 2023, meaning about 654 jobs could be impacted. The percentage of expected job cuts was first reported by Endpoints.