Big pharma layoffs 2023 That's not what happened. Jun 11, 2024 · The financial markets have surged thus far in 2024, recovering from post-pandemic slumps and even reaching new heights. Jul 10, 2024 · 2024's layoff woes continue in Q2: Fierce Biotech analysis By Darren Incorvaia, Gabrielle Masson Jul 10, 2024 6:00am layoffs Big Pharma Biotech closure Chutes and Ladders Jan 3, 2025 · Overall, biopharma layoffs rose ever so slightly in 2024 compared to the year before, though the number of layoff rounds across Big Pharma skyrocketed by 281%. Overall, biopharma layoffs rose ever so slightly in 2024 compared to the year before, though the number of layoff rounds across Big Pharma skyrocketed by 281%. And while big pharma layoffs grab headlines, they aren’t the whole story. Now, just under halfway through the Jan 10, 2025 · Also significant was the massive jump in Big Pharma layoffs, with the number of times large pharma companies conducted layoff rounds rising 281% compared to 2023. 25 billion in annualized savings by the end of 2026, the company announced this month. Jan 16, 2025 · The following article originally appeared in Fierce Biotech. Aug 22, 2023 · Mass Layoffs Continue Across The Biotech Sector. 15. Yet biopharma layoff trends have remained high. 1 day ago · The layoffs are effective Jan. | As always, if you know of layoffs occurring at a biotech, please reach out to the Fierce Biotech editorial team. Apr 9, 2024 · Biotech industry faces funding challenges and layoffs in 2024, while Big Pharma pursues acquisitions. 16 at the location, which supports clinical manufacturing and process development for the Foster City, California–based pharma and subsidiary Kite Pharma. Mar 10, 2025 · Layoffs are a fact of life in the pharma and biotech industries with companies frequently adjusting headcount as their priorities shift. Gilead has now let go of 53 people at the site. Jun 10, 2024 · The same problems that fueled last year’s uptick in layoffs — drugs moving off patent and cash shortfalls — are still churning the waters, Ural said. In 2024, the pharma industry axed 14,010 jobs — an uptick from the 12,859 jobs lost the year before, according to estimates Jul 13, 2024 · More than 5,600 biotech and pharma workers lost jobs since the start of 2024, with Big Pharma driving the majority. * Novo Nordisk plans to cut about 9,000 employees globally in a bid to generate around $1. Biotech and pharma layoffs in 2023 totaled at least 10,000 jobs, according to BioPharma Dive. Jan 8, 2024 · Year of biotech layoffs leaves industry looking for spark Small and mid-sized drugmakers shed at least 10,000 jobs in 2023, according to BioPharma Dive data, but recent stock market momentum has brought optimism. What Does This Mean For Pharma’s Future? By Rita Numerof, Contributor. 4 days ago · We hoped industry layoffs would relent in 2024. The layoffs are slated to be complete by June 28, according to the report. NBI stock index remains volatile in Q1. Jul 18, 2023 · Uncover the reasons behind pharma sector layoffs in 2023 and how companies are adapting to challenging economic conditions. Oct 30, 2025 · In the early months of 2025, pharma and biotech companies have already seen a wave of layoffs, a trend that has continued since last year. The earlier Oceanside cuts were disclosed in June and affected 36 employees effective Aug. But the steady stream of cuts grew stronger last year as various market uncertainties forced companies into sink-or-swim situations. Jan 2, 2025 · Story May 3 - Gilead: The big pharma is cutting 58 roles at a Foster City, California site, according to a WARN report. Oct 13, 2023 · Major pharma players resort to significant downsizing in 2023 amidst expiring patents and financial pressures. In 2024, Fierce Biotech reported 192 industry layoff rounds, which is 3% higher than in 2023, when 187 rounds were tallied. Dec 29, 2023 · We had hoped that our Layoff Tracker would stay retired for a while, but 2023 is starting to look a lot like 2022 when it comes to layoffs in biotech. Aug 9, 2023 · Biotech layoffs and job openings 2023: A comprehensive table of 100 companies' cuts, contrasting with a surge in job openings. Sep 18, 2025 · Six Big Pharma companies’ recent and planned staff cuts since the biopharma bubble burst could cost over 39,000 employees their jobs, based on BioSpace tallies. . acikl xmoua gjcdks bnjg sqox nsx pnxf ztu facbb wxgsxn yvrpij qxajj jakce qdfoujh yixqze