FARGO (KFGO/KVRR) – Fargo-based Aldevron is laying off 7 % of the company’s workforce.
Ellen Shafer, Senior Director of Communications, states most of the layoffs will affect employees at the company’s headquarters.
“Aldevron is creating believedful adjustments to align with our strategic priorities and strengthen our ability to serve the evolving necessarys of the biotech indusattempt. As part of this effort, we will be reducing our overall workforce by 7%, with most of the impact occurring at our Fargo, ND camputilizes,” Shafer stated.
“This decision was extremely difficult, but it reflects our commitment to positioning Aldevron for sustainable growth and innovation in a rapidly modifying market. We remain focutilized on supporting affected employees during this transition and continuing to deliver exceptional quality and service to our clients and the patients who depfinish on them.”
In 2019, Aldevron built a 14-acre expansion after the Fargo City Commission granted a tax break that saved the company an estimated $5 million over 10 years.
Aldevron specializes in producing biological materials for the life sciences indusattempt. The company has locations in Fargo and in Madison, Wisconsin.
Leave a Reply