Fifty employees of Covance in Madison are losing their jobs.

The Princeton, N.J., company gave workers the news on Thursday. Some of the job cuts took effect immediately, and others will occur in the "next several weeks," spokeswoman Melissa Thompson said.

She said some employees affected may be able to apply for openings elsewhere in Covance's Madison facilities. "There could be, for some employees, opportunities internally," Thompson said.

The staff reduction is part of a larger effort, disclosed in the company's earnings report in May, to streamline Covance's preclinical operations. It also involves closing its Chandler, Ariz., location, ending 130 jobs there by the end of the year.

The preclinical unit handles early testing of drug compounds for pharmaceutical companies, including an assessment of their potential safety. But Thompson said it does not involve clinical trials for which Covance is probably best known here, through advertisements to recruit paid volunteers.

Covance, 3301 Kinsman Blvd., is one of Dane County's top 10 employers, with about 1,900 employees, and its Madison site is one of the company's largest.

The drug development services company has annual revenues topping $2 billion, with more than 11,000 employees worldwide and offices or labs in more than 30 countries.

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(5) comments


Just as an FYI, Covance is doing more layoffs today.


Here's a list of Wisconsin job layoffs thru the American Family losses a few months back.
Company Number of Layoffs
Hexion Plant 110
WI Box 64
Bluegreen Corp 150
American Family 160
Mortgage IT 72
Leeson Electric 37
84 Lumber 28
Gehl 62
Cummins Emission 100
Alcoa Inc 250
Tomotherapy 65
Wasusau paper 90
Marshall Erdman 100
EMD Chemicals 70
NCR Corp 80
Basic American Foods 106
Greg Ellious Motors 20
State of WI 700
Quadgraphics 500
Grede Foundries 140
Alcoa Wheel products 300
Circuit City 367
GE Health Care 150
Kohler 188
Capital Times 12
Reinhart Retail Group 363
Cub Foods 319
Clear Channel 12
Harley 1100
Cummins Incorp 200
JL French Automotive Cast 300
Henshue Construction 66
Wausaukee Composites 61
Borg Indak 31
Hutchinsen Technologies 100
Pascal Industries 89
Freedom Plastics 150
United Alloy 15
Woodbridge Corp 99
Merrill Schools 21
Spuncast 30
Exopack 28
Time Warner 20
Stoughton Trailers 150
Emmerson Power 62
Sitel 82
Mercury marine 85
Ashley Furniture 90
Appleton Coated 63
Seats Inc. 125
GM/Isuzu 113
Subzero 350
Research Products Corp 29
Sitel 93
Chrysler 150
Spectrum Brands 16
Trachte 14
TOTAL 8249


Another wesconsin gig bites the dust
300,000 jobs eh?
won"t watch them TV Walker ads nooo more


Why didn't Scotty hold a press conference to announce this?


It's working. . . . . . . . . . . . . . right Walker?

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