Worcester Business Journal

wbjournal.com | March 10, 2025 | Worcester Business Journal 7 Graduate Degrees in Finance clarku.edu/business The Clark MBA Fintech | Finance | Accounting Accounting Analytics Generous Scholarships for Central Massachusetts Residents Business Driven. Socially Focused. School of Business C L A R K U N I V E R S I T Y plete the acquisition in the first half of 2025 with a slightly dilutive effect to adjusted earnings per share this year. Boston Scientific expects to counterbalance this via internal cost efficiencies and trade-offs. Fitchburg nonprofit to close two shelters, layoff 20 staff Human services provider Making Opportunity Count will lay off 20 employees by April 30 as the Fitch- burg-based nonprofit will shutter two of its shelter locations. The layoffs will be evenly split amongst employees at MOC's West- minster and Acton shelters, according Worker Adjustment and Retraining Act notices filed Feb. 28 with the MassHire Department of Career Ser- vices. MOC was not able to confirm the exact locations of the shelters due to safety and privacy protections, except that they are in Acton and Westminster. "Making Opportunity Count em- ploys over 550 staff members across a wide range of programs. While two shelters are scheduled to close on April 30, we are actively working to place affected employees in other available positions within the organi- zation. At this time, we do not have a confirmed overall impact on staffing," MOC Executive Director Kevin Reed wrote in an email to WBJ. The shelter closures are part of a larger Massachusetts effort to reduce Emergency Assistance shelter slots connected to hotels, said Reed. "Our priority remains ensuring continuity of services and supporting both our employees and the commu- nities we serve," he wrote. With 325 local employees, MOC is tied as the 116th largest employer in Central Massachusetts when ranked by local employees by WBJ's Research Department using data from WBJ's 2023 survey. In 2023, MOC generated $53.38 million in annual revenue and held $34.84 million in assets, according to nonprofit financial tracker GuideStar. Founded in 1966, MOC aims to alleviate the effects of poverty and promote economic security by offer- ing child care, education, workforce development, nutrition, and health services, according to the nonprofit's website. MOC offers re-housing services case management to eligible families residing in family shelter facilities through housing searches, budget planning, and referrals. Families continue to receive case management services once they're secured housing outside of the shelter. W

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