I've been hearing about mass layoffs in tech, mass layoffs in banks, but has anybody heard about recent layoffs at biotech companies? I don't think so, because we are one of the rare segments that are currently not going through a crisis. I'm not sure why Biogen decided that it was necessary to cut good, experienced people right now, but I can't see one good reason for it.
1 reply
I'd read more if I were you.
Biotechs see 'staggering' 87% rise in layoffs during Q1, on pace to overtake 2022
https://www.fiercebiotech.com/biotech/q1-layoffs-87-22-big-pharma-layoffs-are-just-housekeeping-and-which-roles-are-most-likely