Perrigo, Allegan County’s largest emp
loyer, has laid off about 100 employees at its corporate offices located in Allegan, the Holland Sentinel reported last Friday.
loyer, has laid off about 100 employees at its corporate offices located in Allegan, the Holland Sentinel reported last Friday.Arthur Shannon, vice president of investor relations and global communications, did not disclose how many of the layoffs were of corporate employees, but acknowledged the actions were taken last Thursday and Friday.
Perrigo last month announced about 800 employees worldwide would be reduced, but indicated at the same time that West Michigan would only be impacted on a limited basis. The manufacturer of discount over-the-counter drugs insisted there are still about 4,000 employees in Michigan.
The company not long ago moved its headquarters from Allegan to Ireland to save money on the U.S. corporate tax. It has a massive plant on Eastern Avenue and a company outlet store on Water Street, both in Allegan.
Perrigo shareholders last week rejected a potential hostile takeover bid from Mylan. West Michigan economic developers mounted a social media campaign, “PerrigoPride,” calling attention to Perrigo for itscontributions to the region.
When Perrigo announced last month it would cut 800 jobs across its global workforce and would buy back $2 billion of its own shares to stabilize the manufacturing firm, company officials the job cuts would have a minimal impact on its Michigan operations.
Perrigo’s statement issued Fridayabout the layoffs explained,“These changes are the natural progression of our global expansion and ongoing focus on operational efficiency, quality, innovation and shareholder value. We are confident that these actions represent the best option for Perrigo shareholders and our global workforce.
