Fierce Biotech Layoff Tracker 2024. Arrakis trims team by 20% fiercebiotech.com According to the fierce biotech layoff tracker, there were 38 layoff announcements in the second quarter of 2024, compared to 36 in the same period during.
This signifies a rise of 57% compared to 2022, which in itself was also a bad year for industry workforce reductions,. The swiss pharma has signed a $30 million upfront deal with the biotech that could rise to $1 billion down the line to develop new small molecules.