AM I NEXT? NO LOVE AT IGM BIOSCIENCES

Mountain View, California-based IGM Biosciences, a develope for antibody medicines for the treatment of autoimmune and inflammatory diseases, has announced a cancellation 2 research projects and a major 73% reduction in its workforce.

The reduction in force will impact 100 employees, including executives, scientists, and support personnel. Separations are scheduled for March 10, 2025. The decision was driven by a crucial clinical study that delivered disappointing results.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT EDITAS MEDICINE

Cambridge, Massachusetts-based Editas Medicine, a clinical-stage biotechnology company developing therapies for rare diseases using CRISPR gene editing technology. has announced a 65% reduction of its workforce as a “critical pivot to optimize its cost structure.

A Cambridge-based biotechnology company announced Thursday its plans to lay off about 65% of its workforce over the next several months.

The reduction will impact 180 employees and follow a previous restructuring in 2023. The Company expects to substantially complete the Reduction by the end of June 2025.

According to President and Chief Executive Officer Gilmore O’Neill, “Two years ago, we laid out our strategy and objective to become a leader in in vivo programmable gene editing. Based on these advances, we are transitioning to a fully in vivo company."

"We want to extend our deepest appreciation to patients, investigators, clinical sites staff, and our employees who have shown tremendous dedication and commitment to developing a potentially transformational medicine like reni-cel. We also want to express specific gratitude to the patients in our clinical trials and their caregivers whose dedication to disease research for their community makes us even more committed to accelerating our efforts towards an in vivo program for sickle cell disease and beta thalassemia.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT RESILIENCE BIOTECHNOLOGIES (01/09/25)

JANUARY 9, 2025 — 120 EMPLOYEES IN DURHAM, NORTH CAROLINA

According to a company spokesperson, "We have made the decision to downsize our RTP [Research Triangle Park] facility based on customer demand, which requires reducing headcount in parts of our network while simultaneously growing it in other parts."

DECEMBER 27, 2024 — Original Post…

San Diego, California-based Resilience Government Services, a pharmaceutical research and biomanufacturing facilities service company specializing in protecting biopharmaceutical supply chains against disruption, has announced a reduction in its Alachua, Florida workforce.

The personnel re-alignment will impact 105 employees commencing in February 2025, including 27 employees who will remain until the end of May 2025.

According to a company spokesperson, the decision to downsize the company's government business was driven by the company's desire to focus more strategically on commercial development and manufacturing.

“We are managing resources in our sites based on customer demand, which requires reducing headcount in parts of our network while simultaneously growing it in other parts."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?