Perrigo, Allegan County’s largest employer, with its North American corporate headquarters in downtown Grand Rapids, has announced “restructuring activities … are expected to result in the net reduction of approximately 6% of total Perrigo roles.”
That means Perrigo plans to lay off hundreds of workers.
The manufacturer of generic health and wellness products, with about 9,000 employees, indicated that about 540 jobs will be cut.
The “Project Energize” three-year restructuring program the company describes as “a global investment and efficiency program” expects to produce between $140 million and $170 million in annual pre-tax savings.
Perrigo moved to its North American Corporate Headquarters on Grand Rapids’ Medical Mile on Michigan Street in June 2022. It previously had headquarters in Allegan.
