The pace has recently picked up. 2024 biotech layoff tracker brinn lauretta, so far in 2024, there have been 622 layoffs at tech companies with 149,155 people impacted (893 people per day).
Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. There were 57 layoffs reported for the first 3 months of 2024โthe exact number reported during q1 last year, according to a fierce biotech analysis.
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Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts.
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Reneo Reduces Workforce By 70%;
A miserable year for biotech layoffs.
The Tech Layoff Wave Is Still Going Strong In 2024.
Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022.