In the second quarter, a number of big pharma companies announced significant layoffs contributing to the surge in numbers. Bristol myers squibb led the pack with 2,200 layoffs on march 15. Oct 9, 2024 · last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. We hope that trend reverses itself in 2024. As always, if you know of a layoff occurring at a biotech, please reach out to the fierce biotech editorial team and let us know. Apr 12, 2024 · using data from fierce biotech's layoff tracker, gabrielle masson and max bayer analyze the trends of layoffs in the first quarter of 2024, comparing them to previous years. Apr 9, 2024 · we really didn’t want to have to create another layoff tracker this year. But here we are, launching the third annual iteration tracking industry layoffs. Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. We hope that trend reverses itself in 2024. 5 days ago · fierce biotech reported that relay also had layoffs in july that affected less than 5% of employees at the company, which it noted employed about 300 people at that time. Fierce also reported that the streamlining process is meant to save the biotech about $50 million a year. The layoffs were made to focus resources on. The biotech industry has seen significant layoffs in 2024, with multiple companies announcing job cuts, including xencor, geneuro, g1 therapeutics, effector therapeutics, and barinthus biotherapeutics.
5 days ago · fierce biotech reported that relay also had layoffs in july that affected less than 5% of employees at the company, which it noted employed about 300 people at that time. Fierce also reported that the streamlining process is meant to save the biotech about $50 million a year. The layoffs were made to focus resources on. The biotech industry has seen significant layoffs in 2024, with multiple companies announcing job cuts, including xencor, geneuro, g1 therapeutics, effector therapeutics, and barinthus biotherapeutics.
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