Thermo Fisher Scientific Inc. closed 8.79% below its 52-week high of $627.88, which the company reached on September 10th.

Job cuts in Cambridge and Plainville are the second workforce reduction planned for the facilities in the past three months.

The cuts at two Massachusetts plants follow further site closures and layoffs across the company over the past few years.

It's the second time in less than three months that the Waltham-based life sciences firm has announced layoffs.

This marks the second round of layoffs at the company in less than three months. In November, the company cut 160 jobs across several Massachusetts sites, including the closure of its Lexington ...

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