Innsbrook layoffs expected next month
Bostwick plans to lay off almost four-dozen people in February. (Photos by Michael Schwartz)
HENRICO COUNTY, Va. (RichmondBizSense.com) – A once fast-growing company in Innsbrook cut dozens of workers in late 2013 and has plans to lay off almost four-dozen more in February.
Bostwick Laboratories will cut 44 positions effective Feb. 3 at its Glen Allen facility at 4355 Innslake Dr. The layoffs are part of a closure at the facility, according to a notice filed with the state. Further details of the closure were not given.
That follows 34 positions that were cut from its Glen Allen operations in late November as part of a mass layoff.
The move marks at least the third round of job cuts at the company since a New York private equity firm acquired a majority stake in Bostwick in October 2011. It announced layoffs of 90 of its 154 employees at its Orlando lab in late 2012.