Analyzing the biotech and pharma layoffs in 2024

The diagram below categorizes the reasons for layoffs in the biotech and pharma sectors, based on publicly disclosed statements from the companies.

Fierce Biotech Layoff Tracker 2024

The layoffs are slated to be complete by June 28, according to the report. "While our business continues to perform well, we continue to assess where and how we ...

Exploring the forces behind 2024 biotech layoffs: A visual journey

Many biotech and pharmaceutical companies, including prominent names such as Johnson & Johnson, Thermo Fisher Scientific and the genomics-based ...

Top 10 Biggest Pharma and Biotech Layoffs in 2024 - Xtalks

Top 10 Biggest Pharma and Biotech Layoffs in 2024 · 1. Bristol Myers Squibb (BMS) · 2. Takeda · 3. Bayer · 4. Pfizer · 5. Genentech · 6. Amylyx · 7.

Scott Woodward on LinkedIn: Analyzing the biotech and pharma ...

The pharmaceutical and biotechnology industries are undergoing a significant upheaval, with a series of #layoffs announced in April 2024 ...

2024's layoff woes continue in Q2: Fierce Biotech analysis

According to the Fierce Biotech Layoff Tracker, there were 38 layoff announcements in the second quarter of 2024, compared to 36 in the same period during 2023.

Biotech and pharma layoffs in 2024 | Brian K. Buntz posted on the ...

Just updated this: Layoff tracker: Mapping the 11700-plus biotech and pharma layoffs in early 2024 Layoffs in the pharma/biotech sector have ...

Layoff Tracker: Sensei to Cut 46% of Workforce, Close Research Site

A Nov. 14 SEC filing stated the company should mostly complete the workforce reduction by the end of 2024. Once the layoffs are complete, the biotech could have ...

Behind Big Pharma's layoffs — is there an end in sight? | PharmaVoice

Biotech's headaches are often triggered by a return to earth from the COVID-era investment highs. A 2024 EY Biotech industry report found ...

Biopharma layoffs are leaving the industry's scientists reeling

About 67% of life science employees laid off during the first half of 2024 ... Unlock this article — plus daily coverage and analysis of the ...

Analyzing the biotech and pharma layoffs in 2024 - Reddit

Everyone joining Novartis, Genentech and Sanofi is screwed. Basically less people means wearing more of the hats that scientists to think this is beneath them.

The 6 Largest Biopharma Layoffs of 2024 So Far - BioSpace

Yet biopharma layoff trends have remained high. Biotech and pharma layoffs in 2023 totaled at least 10,000 jobs, according to BioPharma Dive.

A wave of biotech layoffs: will the trend continue throughout 2024?

According to data gathered by Fierce Biotech, a total of 187 biopharma layoffs were recorded last year. This signifies a rise of 57% compared to ...

Job cuts sweeping across pharmaceuticals - Chemistry World

Job cuts in the pharmaceuticals industry have surged in the first half of 2024, with large companies including Bristol Myers Squibb (BMS), Bayer and Pfizer ...

Biotech and Pharma's March Shake-Up: Layoffs Signal Industry ...

March 2024 has been marked by a series of layoffs in the biotech and pharmaceutical sector, raising concerns and drawing attention to the ...

Year of biotech layoffs leaves industry looking for spark

Conditions may be more difficult for such a spark to take hold in 2024 after a year in which more than 120 public biotech companies laid off ...

"Trimming the Fat or Losing the Muscle? August 2024's Biotech ...

The biotech and pharmaceutical industries experienced a wave of workforce reductions throughout August 2024, reflecting ongoing challenges and strategic shifts ...

Biotech layoffs gather pace as industry downturn persists

Along with the approximately 3,200 biotech employees to lose their jobs this year, nearly 1,900 more have been laid off by large pharmaceutical ...

Massachusetts Life Sciences Employment Outlook 2024 - MassBioEd

... biotech and pharma layoffs in early 2024, April 25, 2024. 3. Fierce Biotech, No reprieve for biopharma layoffs in Q1: Fierce Biotech analysis, April 1, 2024.

Will the tide turn for the wave of pharma layoffs?

Geopolitical events and economic fluctuations have impacted the pharmaceutical industry, inducing a wave of layoffs that have hit both pharma ...