"Our announcement today reflects the continuation of Henry Schein's ongoing companywide restructuring efforts to further increase efficiencies as well as to integrate recent acquisitions," a Henry Schein spokesperson said in a statement. The company did not disclose how many employees would be let go as part of the restructuring plan or if layoffs would be focused on its operations on Long Island. The company employs 1,486 workers locally, according to figures the company provided the Suffolk County Industrial Development Agency in December 2022. Employees there make an average annual salary of $131,421, according to IDA records. "We anticipate that we will continue to maintain a significant presence on Long Island and in our Melville headquarters," a spokesperson said. In its announcement, the company said restructuring costs would likely occur in the second half of the year and into 2025, though it had no estimate of the total costs. Though "plans are still being finalized," the company said, the costs are expected to primarily come from severance pay and facility related expenses. The announcement comes after a challenging few months.