Layoff

Locanabio Halts Ops, Aids Genetic Meds Staff

Locanabio Announces Shutdown, Aids Staff in Job Transition

Anika Sharma

Locanabio is set to cease operations by the year’s end, succumbing to the challenging financial landscape that continues to affect ...

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 ...

AM-Pharma lays off staff and changes CEO after failed phase 3 trial of ilofotase alfa

AM-Pharma lays off staff and changes CEO after failed phase 3 trial of ilofotase alfa

Anika Sharma

After experiencing a setback in its phase 3 study for sepsis-associated acute kidney injury (SA-AKI), Dutch biotech company AM-Pharma is ...

Lyndra Therapeutics, layoff, schizophrenia, LYN-005, Gilead Sciences, antipsychotic,

Lyndra Therapeutics slashes staff and moves HQ ahead of pivotal data for weekly oral schizophrenia pill

Anika Sharma

Lyndra Therapeutics is undergoing significant changes, including the appointment of Jessica Ballinger as its new CEO, following the replacement of ...

Akili Interactive, digital therapeutics, Over-The-Counter, ADHD, layoff

Akili slashes 40% of staff, shifts to OTC sales for digital therapies

Anika Sharma

In response to the challenges faced by prescription digital therapeutics companies, Akili is taking a new approach to navigate the ...

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 ...

Sana Biotechnology, Layoff, CAR-T, Job Cuts, Sana Layoff, Sana Job Cuts

Sana cuts jobs in research area, keeps mum on numbers and programs

Anika Sharma

Sana Biotechnology, a company with a focus on CAR-T therapies, has discreetly carried out another round of layoffs, declining to ...

Medtronic, layoff, Medical device, Medtronic revenue growth, Medtronic layoffs,

Medtronic’s Layoffs Earlier This Year Propel Broad-Based Revenue Growth

Anika Sharma

Medtronic Commences FY2024 with Encouraging Single-Digit Sales Growth Across Divisions Following Strategic Cost Reduction Measures Medtronic, a prominent player in ...

Aravive, Batiraxcept, layoff, Aravive layoff, Ovarian cancer

Aravive’s Desperate Bid for Survival: Drastic Layoffs as Company Nears Liquidation

Anika Sharma

Aravive, a biotech company, is currently facing a critical juncture as it grapples with the aftermath of a disappointing Phase ...

Biogen, massive layoff, layoff, Biogen layoff

Breaking: Biogen announces a massive layoff of 1,000 employees

Anika Sharma

Biogen, a pharmaceutical company, is undergoing a fresh wave of layoffs, with a targeted reduction of 1,000 positions following last ...

Thermo Fisher Cuts Over 200 Jobs at Clinical-Stage Cell and Gene Therapy Facility in Florida

Thermo Fisher Cuts Over 200 Jobs at Clinical-Stage Cell and Gene Therapy Facility in Florida

SG Tylor

In the midst of ongoing workforce reductions impacting the biotech sector, even prominent players like Bristol Myers Squibb, Emergent BioSolutions, ...

BMS Layoffs Over 100 Employees Lose Jobs After Earnings Miss

BMS Layoffs Over 100 Employees Lose Jobs After Earnings Miss

SG Tylor

Bristol Myers Squibb, a prominent pharmaceutical company headquartered in New Jersey, has undertaken a significant reorganization of its financial structure ...

Massive Layoffs and Restructuring at Emergent BioSolutions

What’s Behind Emergent BioSolutions’ Decision to Lay Off 400 Employees and Eliminate an Executive Role?

SG Tylor

Emergent BioSolutions is undergoing substantial changes as it shifts its focus away from its challenged contract development and manufacturing organization ...

GSK Stops Commercial Operations in Nigeria After Kenya, India

GSK signals a marketing pause in Nigeria after taking the same action in Kenya and India

SG Tylor

Last week, GSK announced its intention to discontinue the commercialization of its prescription drugs and vaccines in Nigeria, planning to ...

Karyopharm Cuts 20% of Staff as Xpovio Fails

Karyopharm reduces employees by 20% as Xpovio sales for blood cancer remain stagnant

SG Tylor

Source – Karyopharm Therapeutics Karyopharm Therapeutics, faced with stagnant sales of its only approved product, Xpovio (selinexor), has announced a ...

New York Facility Closure Costs 161 Jobs at SterRx

Manufacturer SterRx closes its New York facility and fires 161 workers

SG Tylor

SterRx, a manufacturer based in New York, has closed its Plattsburgh plant and terminated 161 employees as a result. The ...

Haleon plans significant layoffs in the UK and elsewhere to save costs: report

Haleon plans significant layoffs in the UK and elsewhere to save costs: report

SG Tylor

Almost exactly one year after GSK’s consumer healthcare business spun off as Haleon, the company is reportedly implementing widespread layoffs ...