Andover Townsman, Andover, MA

News

November 7, 2013

Medical firm eyes cutbacks

Eisai to lay off 72 from Andover facilities

(Continued)

The layoffs were not in response to anything in particular in the economy, but are “based on our business needs.”

Haruo Naito, the president of the company, made reference to the difficult economy in a message on the Eisai website.

“Uncertainty regarding the global economy mounted during fiscal 2012, including the financial problems in Europe and the U.S. and slowdowns in the economies of China and other emerging countries,” he said.

“As the global economy sways, the world’s pharmaceuticals market is shifting into an era of great globalization.”

He added that “growth has become sluggish in developed countries, while opportunities for growth are expanding in emerging and developing countries.”

According to a list supplied by the human resources officer at Eisai, positions that are being cut locally include scientists, managers and clerical workers, among others.

Eisai opened its first Andover facility, next door to the new building, in 1989. That marked the Japanese company’s first permanent home in the U.S.

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