Browsing Tag
Central Islip
3 posts
Why is Cipla’s InvaGen cutting 205 New York jobs while the US pipeline keeps expanding?
InvaGen Pharmaceuticals is preparing 205 permanent layoffs across two New York facilities effective November 27, adding a workforce dimension to Cipla's North American reset after regional revenue fell 21% in its latest reported quarter. The notices cite economic reasons but do not indicate a complete withdrawal from US manufacturing.
CVD Equipment is cutting its workforce in half. Why is it abandoning new system orders altogether?
CVD Equipment is reducing its workforce by approximately half, stopping new system orders and replacing CEO Emmanuel Lakios as weak bookings force the semiconductor-equipment supplier into a much smaller spare-parts and services model.
From Capitol Hill to federal prison: George Santos gets 7 years for wire fraud
George Santos sentenced to 87 months in prison for fraud and ID theft; sentencing judge cites lack of remorse and victim exploitation.