Plastics packaging company Sealed Air Corp. is laying off more than 80 people in New Jersey.
The Charlotte, N.C.-based company, which has faced challenges in recent years, said 83 workers in Saddlebrook, N.J., will lose their jobs in the coming months.
Worker Adjustment and Retraining Notification Act paperwork filed with the state indicates the job losses will be stretched out over several dates in the coming months starting in mid-June and ending in late September.
Sealed Air — which now faces the market under the brand name SEE — has been undergoing a turnaround program to become more profitable. Former CEO Ted Doheny resigned in late October, giving way to co-CEOs Emile Chammas and Dustin Semach. Chammas had been chief operating officer and Semach had been chief financial officer. Both kept those roles in addition to their new responsibilities.
The company's board, at the time, signaled a dissatisfaction with progress toward improvements.
"While SEE has made progress expanding its portfolio, digitizing its global network, and driving operational efficiencies, the Board recognizes there is more work to position SEE for long-term profitable growth,'' Board Chairman Henry Keizer said when Doheny stepped down.
Sealed Air is scheduled to report quarterly earnings Feb. 27.