Fierce Biotech March 27, 2024
Gabrielle Masson, Max Bayer

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.

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.

March—13 companies

March 27 – Bayer: The pharma will lay off 90 employees working at the company’s U.S. headquarters in Whippany, New Jersey. The cuts, which are effective on June 19, were revealed in a New Jersey WARN notice and confirmed by...

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