Keurig Dr Pepper to Lay Off About 120 Employees in VT - NECN
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Keurig Dr Pepper to Lay Off About 120 Employees in VT

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    Keurig Dr Pepper to Lay Off About 120 Employees in VT
    Jim Cole/AP Photo, File
    This April 28, 2016, file photo shows bottles of Dr. Pepper on a store shelf at Quality Cash Market in Concord, N.H. Keurig is buying Dr. Pepper Snapple Group Inc. to create a beverage business with approximately $11 billion in annual sales, announced Monday, Jan. 29, 2018.

    Keurig Dr. Pepper says it is letting go about 120 employees in Vermont, as part of a larger workforce reduction nationwide.

    The cutting of about 500 jobs is the result of a merger between Dr. Pepper Snapple Group Inc. and Keurig Green Mountain, Inc., which was announced in January. The Burlington Free Press reports most of the Vermont layoffs result from closing a research and development center in Waterbury.

    The employees at the Waterbury center will continue to work through January. According to a company spokeswoman, all employees who lost their jobs will receive severance packages.

    The Vermont cuts amount to about a tenth of Keurig Dr. Pepper's 1,200-person total workforce statewide.

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