Catalent to Eliminate 130 Jobs in Bloomington, Indiana

Staff report

BLOOMINGTON, Ind. — Catalent, a major employer and an economic pillar in Bloomington, Indiana, announced plans Wednesday to eliminate approximately 130 positions at its Bloomington site in response to economic challenges exacerbated by the COVID-19 pandemic, according to a document obtained by the Bloomingtonian.

In an organizational announcement shared with employees Wednesday, Anibal Carlo, Vice President & General Manager of the Bloomington site, expressed the site’s ongoing recovery efforts and transition to post-COVID operations over the past two years. Despite progress, Carlo noted the significant impact of the pandemic, resulting in an approximate 85% decrease in revenue for the company as a whole.

Following a thorough review of business operations conducted with the assistance of third-party consultants, it was determined that the current headcount at the Bloomington site does not align with future demand and business needs, according to the document. As a result, 130 positions are slated for elimination.

Human Resources will begin notifying affected employees immediately, with the process expected to conclude by March 22. Employees not contacted by Human Resources are instructed to report to work as scheduled. The memo doesn’t say how many employees currently work at the Catalent site.

Recognizing the weight of the decision on those impacted, the Bloomington site is implementing measures to minimize the impact, according to Catalent. This includes withdrawing approximately 55 open vacancies, reallocating talent to critical roles, and partnering with Jones Lang Lasalle, Inc. (JLL) to onboard and develop the facilities management team.

According to the JLL site, “We help buy, build, occupy and invest in a variety of assets including industrial, commercial, retail, residential and hotel real estate. From tech startups to global firms, our clients span industries including banking, energy, healthcare, law, life sciences, manufacturing, and technology.”

Catalent is committed to supporting affected employees throughout the transition process, offering severance pay, benefits continuation, and outplacement assistance, according to the memo.

In his message, Carlo expressed empathy for the disappointment felt by impacted colleagues, thanking them for their hard work and dedication. He assured employees of the company’s commitment to transparency and keeping them informed throughout the process.

Last month came the following news, “Novo Holdings will acquire Catalent in an all-cash transaction that values Catalent at $16.5bn on an enterprise value basis.”

https://www.pharmaceutical-technology.com/analyst-comment/novo-nordisk-to-acquire-cmo-giant-catalent-for-16-5bn/


Full text:

“Organizational Announcement Message from Anibal Carlo

Vice President & General Manager – Bloomington

Bloomington Team,

As you know, our site has spent the last two years recovering from the lasting effects of the pandemic and transitioning to a post-COVID operation. Though it hasn’t been easy. I am proud of our continued progress over the last year.

As discussed in the Global Town Hall, the post- COVID ledge has impacted the entire company. resulting in an approximate 85% decrease in revenue. Subsequently, a thorough review of our business with the help of third-party consultants concluded that our organization’s headcount is not aligned with our future demand and business needs.

Consequently, we have made the difficult but necessary decision to eliminate approximately 130 positions at the Bloomington site. Human Resources will begin notifying impacted employees starting today and expects to finish all notifications by March 22. Those not contacted by Human Resources should will begin notifying impacted employees starting today and expects to finish all notifications by March 22 Those not contacted by Human Resources should report to work as scheduled.

We understand the significance of this news to those affected, our site, and the Bloomington community, and we are taking every measure we reasonably can to minimize the impact of this decision. For example, we are withdrawing approximately 55 open vacancies, reallocating key talent to critical roles where possible, and strategically partnering with Jones Lang Lasalle, Inc. (JLL) to onboard and develop our facilities management team.

Next Steps

We are committed to operating transparently and thoughtfully to ensure every affected employee has the information and support they need, including severance pay, benefits continuation, and outplacement assistance.

I recognize this is very disappointing news, especially because it directly affects some of our colleagues and friends. Thank you for respecting all colleagues as we go through this process. To every impacted

employee: we sincerely appreciate your hard work and dedication during your time here and are grateful for your contributions.

I know this is a lot of information to process. Please understand that this is a significant transition for our site. We are committed to sharing information and keeping employees up to date through the process.

If you have immediate questions, please don’t hesitate to reach out to your leader or email GMB- [email protected].

Sincerely, Anibal”

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