Brooks Automation is cutting 100 jobs as it reduces its workforce by 6 percent
Brooks Automation Inc., a Chelmsford-based provider of automation, vacuum, and instrumentation products for such markets as the semiconductor industry, said it will cut 100 jobs, or 6 percent, of its workforce as it looks to “achieve cost synergies” following an acquisition and to improve profitability in a tough economic environment.
The company added that 29 jobs of the jobs being be cut are in Massachusetts. The cuts will leave Brooks with a Bay State headcount of 605 employees. Brooks recently acquired Crossing Automation Inc.
Brooks disclosed details of its restructuring plan in a regulatory filing. The plan includes the elimination of redundant positions and the consolidation of office locations in California, Germany, Korea, Singapore, Taiwan, and China, the company said in its filing.
Brooks added that it expects to incur about $4 million in cash charges related to the restructuring plan, most of which will be recognized in the first and second quarters of its fiscal 2013.
Brooks said it estimates that its combined actions will avoid future annualized costs of about $10 million, not including any restructuring charges.Chris Reidy can be reached at email@example.com.