This year’s made or planned layoffs at biotech and pharma manufacturing facilities stand to put at least 4,000 people out of work, based on BioSpace tallies. Through Oct. 28, 10 biopharmas cut or projected they would cut 4,062 employees at their plants, several of…
ZURICH, Oct 29 (Reuters) – Switzerland’s Molecular Partners is cutting its workforce nearly in half, it said on Thursday, as it aims to narrow its focus on the booming field of radiotherapeutic medicines. The clinical-stage biotech company, which has partnered with pharma…
San Diego biotech Artiva Biotherapeutics is laying off about 94% of its workforce and abandoning its lead immunotherapy treatment for rheumatoid arthritis roughly five months after raising about $300 million from investors. The company said Tuesday that updated data showed its lead…
Two Massachusetts biotech companies announced plans last week to cut roughly half their workforces as they narrow their focuses to experimental treatments for weight management and diabetes-related vision loss. Burlington-based Fractyl Health announced a 45% workforce reduction, which would eliminate about…
RALEIGH, N.C. (WTVD) -- Pfizer has announced a new round of layoffs affecting its facilities in Rocky Mount and Sanford, raising concerns about the potential impact on workers, families and local economies across eastern and central North Carolina. The pharmaceutical company notified…
BRUSSELS (Oct 15): GSK said on Wednesday it could cut as many as 1,217 jobs in Belgium, in the first sign that the British drugmaker's three-year plan to save £1.9 billion ($2.50 billion) in costs is moving into action. CEO Luke Miels had launched…
GSK is pressing ahead with a major global restructuring plan worth $2.5 billion, aimed at redirecting resources into late stage research and development. As part of this three year programme, the company is reducing more than 1,200 jobs across its Belgium sites…
GSK has decided to cut as many as 1,217 jobs in Belgium, as the drugmaker moves to implement its three-year plan to save £1.9 billion in costs. CEO Luke Miels had launched the effort in July to speed up drug development and…
Crain's Grand Rapids Business Pfizer cuts another 150 jobs at Portage plant as demand slips From business and government to philanthropy, education and the arts, these are the leaders shaping West Michigan.
GSK vaccines headquarters in Belgium. GSK is preparing to cut more than 1,200 positions from its workforce in Belgium as part of a cost-saving programme launched by CEO Luke Miels, according to national newspaper L'Echo. The article notes that the decision…
Biotech employment: layoffs, restructurings and site closures at biotechs and drugmakers, and reports on the life-science workforce.
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