Story perspectives
Thermo Fisher to Close Massachusetts Facility, Impacting 80 Jobs
2/3/2026
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Story summary
- Thermo Fisher Scientific plans to close its Franklin, Massachusetts facility by the end of 2026, affecting 80 jobs (down from 103).
- Remaining employees will be reassigned to other locations.
- The decision follows Massachusetts layoffs, including 300 jobs cut in 2025.
- Thermo Fisher reported a 7% revenue increase in Q4 2025 while expanding its U.S. operations.
