Exelixis Inc decided to cut about 70% of its workforce after a cancer drug failed a study. New focus will be on the clinical trials. Exelixis will cut about 160 jobs.
Topics regarding layoffs at Exelixis Inc.
Another round will take place in Jul 2013
Quick question - any developments regarding ovarian cancer drug development?
So much for the layoffs: http://www.fool.com/investing/value/2010/03/26/5-star-stocks-poised-to-pop-exelixis.aspx: Based on the aggregated intelligence of 160,000-plus investors participating in Motley Fool CAPS, the Fool\'s free investing community... — read more
the company is in turmoil and not a good place to work. they layoffs are happening and more are to come. it\'s a sad situation for a company like exelixis as it used to be a pretty good place to work. as expected, morale is low.