Biotech Layoff Tracker 2024. Using data from fierce biotech's layoff tracker, gabrielle masson and max bayer analyze the trends of. The layoffs will affect some 165 sage therapeutics employees, the company said oct.

On one hand, there’s a group of biotech startups that are thriving, attracting nearly $3 billion in funding in q1 2024 alone. With the company starting 2023 with 8,725 employees, that’s an 11.5% workforce reduction.