More than a week after Bausch & Lomb announced plans to sell its company and move its headquarters out of Rochester, Gov. Andrew Cuomo said today that the state will be providing help to the roughly 400 workers expected to lose their jobs.
The official sale of the venerable Rochester company to Valeant, a Canadian firm, was announced today.
“In New York we have a strong history of standing behind any individual faced with a devastating loss – whether it’s a natural disaster or the loss of a job, we will be there for every New Yorker,” Cuomo said in a statement.
As is the case with massive layoffs in New York, the state Labor Department sends a team of counselors to help workers find new jobs. They hold sessions, typically at the company, to help them find new employment.
Over the past two years, Cuomo said the state has assisted 15,200 workers.
Valeant said that as part of the acquisition it will move B+L’s headquarters to New Jersey.