{
Paul B Eckburg

People

}
001122334455554433221100
001122334455554433221100

biotech sector faces significant layoffs amid strategic shifts and acquisitions

In September, multiple biotech companies announced significant layoffs, with Inventprise cutting 7% of its workforce, bluebird bio reducing 25%, and Athira Pharma laying off 70% after a failed trial. Other notable reductions included Charles River Laboratories (3%), Cidara Therapeutics (30%), and Astellas Gene Therapies impacting around 100 employees. The trend reflects ongoing challenges in the biotech sector, with companies restructuring to focus on core projects and manage costs.
Fierce Biotech
Bristol-Myers Squibb Co Bayer AG Aker BioMarine AS CHE BEL USA NOR Paul B Eckburg Show more
Finance & Economy, Market Report
18:24 16.12.2024
Trending
Subcategory
Industry Trends Corporate News Startups & Entrepreneurship Supply Chain Management Industry Mergers & Acquisitions Global Trade Developments Government Economic Policies Cryptocurrency Trends Financial Scams and Security Workplace Trends CEO Changes Venture Capital Investments Finance Mergers & Acquisitions Fintech Startups Consumer Protection Regulations Retail and Consumer Goods Market Analysis and Predictions Funding Rounds & Investments Emerging Startups Global Trade Policies
Countries:
USA IND CHN JPN VNM KOR NLD FRA HKG MAR ARE THA PAK MEX UKR RUS MLT CHE UZB GAB
Companies:
Apple Inc. Google Inc. NVIDIA Corporation Delhivery Limited Ecom Express Ltd. Alphabet Inc. OpenAI ERC USD Ciscom Corp. ERICSSON - CLASS B Physicswallah Ltd. Snap Inc. Tiktok USD Semiconductor Manufacturing International Corporation Hua Hong Semiconductor Ltd. Spotify Technology S.A. Dropbox, Inc. Vimeo, Inc. Adobe Inc. Airbnb, Inc. SpaceXCoin USD
Currencies:
United States Dollar Indian Rupee Chinese Yuan Euro Vietnamese Đồng Russian Ruble South Korean Won Pakistani Rupee Algerian Dinar Australian Dollar Thai Baht New Taiwan Dollar
People:
Ilya Sutskever Peter Thiel Donald Trump Trixie Lohmirmand Andrew Ferguson Sheryl Sandberg Mark Zuckerberg Pavel Prass Eric Cox Drew Houston Olivia Nottebohm Trae Stephens Napoleon Ta Bob Mcgrew Alec Radford Mira Murati Sam Altman Patrick Collison Changpeng Zhao Niren Shah

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.