Layoffs in small groups in August, October, December 2024 and then March and July 2024. Support functions go first. Then development sciences.
Steady biotech layoff trend
Unfortunately, more biotech companies are having layoffs. Bad start, 2024 is shaping up to be as shaky as the previous year. https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2024
Gilead to lay off staff at cell therapy unit Kite
Gilead Sciences is laying off about 7% of employees at cell therapy unit Kite Pharma in a restructuring it said is meant to better align the division’s organization with areas of future... — read more
I'm glad this is happening
I can't be the only one who's sometimes ashamed to work for Gilead. The more pressure is put on the company, the higher the chance we might do the right thing at some point in... — read more
Here we go, layoffs are starting
Gilead Sciences will lay off 114 staffers based out of former Immunomedics headquarters When Gilead Sciences picked up Immunomedics and the br---t cancer dr-g Trodelvy for $21 billion a couple years back, the company billed the buyout as a major... — read more
Do you expect positive earnings surprise?
Fourth quarter results will be released soon. Some are not very optimistic though.
Gilead RIFing in California?
On another social network, I saw that Gilead is RIFing about 30% of its accounting and IT staff in California due to cost cutting measures. Unfortunately, there is no more data. Is that information correct? I used to work there and not so long... — read more
150 Laid off
Sales people... 150 cut... Cardiopulmonary division... https://www.statnews.com/2019/04/10/gilead-sciences-to-lay-off-one-fifth-of-sales-force-as-financial-pressures-build/
I think Gilead will be acquired within next 6 months
The management is working really hard on controlling costs, and many good resources have already left the company because of cost cutting at Gilead. We'll see how things develop - I personally think they are getting ready to sell - that's why they... — read more
FIND A NEW CEO CFO
This company is languishing in low $70's . It will likely break that barrier soon if no one takes action to expand the pipeline or buy out a company. Good Grief. Once such a strong company
More consolidation=More layoffs
More consolidation in the sector means fewer jobs. Looks like several mergers or takeovers coming...which means...
Clinical Research Associate Salary
Do you know what's an average Clinical Research Associate @ Gilead salary here in the Bay Area?
Lead yet Downsizing
I am going to rant a bit about Gilead, so please be patient with me. If you join us, don't expect any normal work-life balance or any feeling that you are respected and valued as anything other than a cog in the huge Gilead money makingmachine... — read more
Downsizing in the works
The HR folks behind closed doors... Does not look good. I've heard some rumors about reorg, they are looking at our sales folks and IT. Just rumors for now.