Pharma, Biotech, & Life Sciences

Latest Pharma, Biotech, & Life Sciences Layoffs News and Data

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Latest Pharmaceutical, Biotechnology, & Life Sciences Layoffs -2024

December 2023

Company:  Pfizer

Headquarters:  New York, New York, United States

Number of People: 

Pfizer Inc. has cut staff, including at its St. Louis laboratories, as it embarks on a $3.5 billion cost-cutting program.

December 2023

Company: Ferring Pharmaceuticals

Headquarters: Saint-Prex, Vaud, Switzerland

Number of People: 55

Ferring Pharmaceuticals has laid off 55 employees from its Roseville manufacturing, research, and development plant. The plant which was acquired by the Ferring Pharmaceuticals Group in 2018 and specializes in clinical-stage biotechnology for the treatment of gastrointestinal diseases.

December 2023

Company: Vir Biotechnology

Headquarters: San Francisco, California, United States

Number of People: 75

Vir Biotechnology will cut about 12% of its workforce, or about 75 positions, and close some facilities as part of its cost-cut measures.

December 2023

Company: Xellia Pharmaceuticals

Headquarters: Copenhagen, Denmark

Number of People:  80

Xellia Pharmaceuticals, a Copenhagen-based company that operates locally at the former Ben Venue Laboratories site in Bedford, plans to lay off about 80 employees early next year.

December 2023

Company:  Kinnate Biopharma

Head Quarters: San Diego, California, United States

Number of People:  70% of the Workforce

Cancer drug company Kinnate Biopharma will lay off 70% of its workers as part of a massive restructuring plan.

How can you Benefit from Utilizing the Pharma, Biotech, & Life Sciences Layoff Data? 

  • Investment & Trading:

    Make informed decisions about buying, selling, or avoiding pharmaceutical, biotechnology, and life sciences companies’ stocks based on the implications of job cuts for such companies’ profitability and market position.   

  • Revenue Forecasting:

    Layoffs typically result in changes in decision-making and budgets. Power your revenue forecasting models with the latest layoff data about your pharmaceutical, biotechnology, & life sciences customers and prospects to predict their revenue.

  • Identify Churn Risks:

    Layoffs in pharmaceutical, biotechnology, & medical devices customers are signals for downgrades and decreased usage and consumption of products and services. Identify customers’ churn signals proactively.

  • Market Research & Intelligence:

    Use the latest layoffs data in pharmaceutical, biotechnology, & life sciences companies to identify employment trends in the sector for market research and market intelligence activities.

  • Hiring/ Recruitment:

    Hire talent from pharmaceutical, biotechnology, and life sciences companies that announced layoffs. 

Why Subscribe to Intellizence Pharmaceutical, Biotechnology, & Life Sciences Layoff Dataset?

AI-Powered Platform:

The Intellizence company intelligence platform is powered by cutting-edge Natural Language Processing and Machine Learning technologies that curate layoff data from multiple external sources. Every record is human-audited for data integrity.

Delivered in Near Real-time:

Intellizence monitors thousands of sources in real-time for any latest layoff announcements from various unstructured external sources and delivers layoff data in a structured format.

Comprehensive Coverage:

Intellizence curates the data from news, press wires, and WARN notices to ensure comprehensive coverage. The intellizence layoff dataset covers data from pharmaceutical, biotechnology, & medical devices companies and all other emerging and established industries.

Multiple Delivery Channels

The layoff news is delivered through multiple channels – Web Platform, Email Alerts, Slack, CRM, and ChatGPT Plugin. We offer API to power your applications and models with real-time layoff news and data. 

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