Life sciences companies in the Bay Area have announced substantial job cuts, totaling 310 layoffs across prominent firms including Gilead Sciences, Roche Molecular Systems, and Nkarta. Gilead is set to reduce its workforce by 149 employees in Foster City, while Roche will cut 108 jobs in Santa Clara, and Nkarta has already let go of 53 workers in South San Francisco. These layoffs, described as permanent, indicate an ongoing turbulence in the biotech sector and foreshadow a challenging job market for early 2025 in the region’s advanced technology industry.
Life sciences companies are planning to cut 310 jobs in the Bay Area, signaling ongoing volatility in the biotech sector.
The layoffs by Gilead Sciences, Roche, and Nkarta reflect a troubled job market in the Bay Area, particularly in the advanced tech industry.
Collection
[
|
...
]