Erickson Retirement Communities said Thursday it would cut approximately 260 jobs or 2 percent of its national workforce of more than 13,000 due to ongoing economic conditions.
Company spokesman Mel Tansill said the layoffs happened Wednesday – mostly in the Baltimore area – but would not comment further beyond a company statement.
In that statement, Erickson CEO Rick Grindrod said the full and part-time layoffs came primarily from the company’s construction and development divisions, and some support functions. None of the cuts involved direct care staff at the Catonsville-based company’s 20 assisted-living communities.
“As a result of one of the most challenging and tumultuous years in US financial markets, Erickson Retirement Communities has recognized the need to adjust its growth plans to address the new economic environment,” Grindrod said in the statement.
