Job cut

Pfizer Slashes Jobs at Vaccine Plant Amid Cuts

Pfizer Trims 200 Positions at Michigan COVID Plant During Cost-Saving Measures

Anika Sharma

The decline in demand for its COVID-19 treatments has prompted Pfizer to initiate a cost-reduction strategy across the company, which ...

Kronos Bio Trims Workforce for Tumor Drug Trial

Kronos Bio Slashes Staff by 19% to Fund Upcoming Solid Tumor Trial

Anika Sharma

Kronos Bio is undergoing a strategic reorganization, including a staff reduction of 19%, following promising early trial results for a ...

Amgen cuts jobs post Horizon buyout | Pharmtales

Amgen to cut 350 jobs after acquiring Horizon for $28 billion

Anika Sharma

Recently, in the aftermath of Amgen’s substantial $27.8 billion acquisition of Horizon, unveiled in December and finalized this month, these ...

Sana slashes staff and drops in vivo CAR-T program to cut costs

Sana slashes staff and drops in vivo CAR-T program to cut costs

Anika Sharma

Sana Biotechnology, amid challenging stock performance, is undergoing its second significant restructuring in less than a year. This move involves ...

uniQure cuts staff and R&D projects to extend gene therapy cash runway

uniQure cuts staff and R&D projects to extend gene therapy cash runway

Anika Sharma

uniQure, a biotech company focused on gene therapy, is implementing a significant workforce reduction as part of a strategic restructuring ...

NexImmune, Job cut, layoff, autoimmune diseases, injectable nanoparticle platform

NexImmune slashes staff again as cash crunch looms over its nanoparticle platform

Anika Sharma

NexImmune, the immunotherapy biotech, is once again in the spotlight for layoff as it nears the end of its financial ...

Biogen Acquires Reata Pharmaceuticals and Skyclarys for $7.3B Amid Layoffs

Biogen Buys Reata and Skyclarys for $7.3B, Cuts Jobs

SG Tylor

During a quarterly earnings call, Biogen CEO Chris Viehbacher unexpectedly mentioned that the company had around $7.3 billion in cash. ...