Thread regarding Biogen Idec Inc. layoffs

The layoffs have started

Biogen, struggling to sell Alzheimer's dr-g, begins layoffs to save money
The layoffs, which Biogen declined to detail, are part of a previously disclosed effort to cut costs by $500 million.

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And only 6 years since the last time Biogen slashed 10% of the workforce. Hopefully severance packages are as generous as last time.

CEO must have blackmail pics on the Board. It has been one failure after another for that guy and he’s still in charge.

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