{"id":107303,"date":"2026-02-06T21:05:09","date_gmt":"2026-02-06T21:05:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/107303\/"},"modified":"2026-02-06T21:05:09","modified_gmt":"2026-02-06T21:05:09","slug":"orasure-conducts-layoffs-as-it-prepares-to-launch-products","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/107303\/","title":{"rendered":"OraSure conducts layoffs as it prepares to launch products"},"content":{"rendered":"<p>OraSure Technologies said Friday that it is reducing a \u201cmid-single digits percent\u201d of its workforce, including 10 at its South Bethlehem headquarters.<\/p>\n<p>A spokesperson for the diagnostic test kit and medical device manufacturer said OraSure has \u201cbeen on a journey of strategic transformation since 2022.\u201d<\/p>\n<p>\u201cSince then, we have made clear strides in strengthening the foundation of our business, including advancing our innovation pipeline to accelerate profitable growth for sustainable success,\u201d the spokesperson said.<\/p>\n<p>The company anticipates the launch of two products that have been submitted for approval by the Food and Drug Administration. As a result, leaders felt they needed to \u201crebalance our cost structure\u201d to support the investments.<\/p>\n<p>Because of the small number of layoffs, the company was not required to issue a Worker Adjustment and Retraining Notification.<\/p>\n<p>Besides its Bethlehem locations, OraSure has subsidiaries in Massachusetts, Canada and the United Kingdom.<\/p>\n<p>In trading Friday, OraSure shares were flat Friday at $2.73. Shares are down about 30% in the last year.<\/p>\n","protected":false},"excerpt":{"rendered":"OraSure Technologies said Friday that it is reducing a \u201cmid-single digits percent\u201d of its workforce, including 10 at&hellip;\n","protected":false},"author":2,"featured_media":107304,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[119,121,120,153,60,182,139,434,28,432],"class_list":["post-107303","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allentown","tag-allentown","tag-allentown-headlines","tag-allentown-news","tag-bethlehem","tag-business","tag-local-news","tag-news","tag-northampton-county","tag-pennsylvania","tag-top-stories-tmc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/107303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=107303"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/107303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/107304"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=107303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=107303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=107303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}