Fierce Biotech April 25, 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.
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.
April—12 companies
April 23 – Bristol-Myers Squibb: The big pharma plans to cut costs by $1.5 billion by the end of 2025 in a massive restructure that includes laying off about 2,200 employees. Story
April 23 – Tessera Therapeutics: About 13-14% of...