The pace of biotech layoffs is coming so fast that even we at Fierce Biotech could not write our feature on the issue fast enough to encapsulate them all. As we hit publish on our story, more companies announced they were letting staff go.
Every single day, we’re seeing new companies announce that, regrettably, they will have to cut back on head count. C-suites have not been immune, either, with a few companies relieving key leaders of their duties as they restructure to face a tumultuous market and make or break regulatory or research moments.
So today, we’re launching our Fierce Biotech Layoff Tracker. We’re starting from Jan. 1 of this year, and we’ll see where it goes.
If you have information about a layoff happening at a biotech, please let Senior Editor Annalee Armstrong know and we’ll check it out.
\I don't really see this either hitting bench chemistry in a serious way anytime soon, but it does bear watching...