Kalamazoo, Mich.-based medical device company Stryker is closing its Lakeland, Fla., production facility over the next two years and laying off 532 employees, according to a Nov. 1 Business Observer report.
The first round of layoffs begins Dec. 31 with 26 job cuts, according to the report. The company expects to cut another 497 jobs by the end of 2023, when the facility permanently closes, according to the report.
"After a careful and detailed analysis, we have decided to close our Lakeland, Florida, facility and move these operations to other Stryker locations," a Stryker spokesperson said, according to the Business Observer. "People are one of our most important values and we will support impacted employees throughout the closure process."