More than 100 Massachusetts employees are facing layoffs from a Littleton-based equestrian retailer as the company’s private equity owners race to find a buyer or new financial backing to avoid permanent closure.
In a notice filed with the state, Dover Saddlery wrote that the company “may be conducting a permanent layoff and closing its facility in the near future,” adding that “whether the layoffs or closures occur will depend in part on our success in obtaining funding or selling our business.”
The notice states that “all positions and jobs at the facility will be impacted,” affecting approximately 112 employees at the company’s headquarters at 525 Great Road in Littleton, with layoffs anticipated between July 7 and July 20…