Layoffs and Shutdowns Hit Biotech Industry in U-Turn

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Tough times have come for once-highflying biotech startups, which have been laying off thousands of workers and shutting down after years of heady growth

The recent headlines about tech layoffs don’t seem to match broader economic indicators, which show a strong job market and a historically low unemployment rate.

WSJ’s Gunjan Banerji explains the disconnect. Illustration: Ali LarkinFor a decade, the companies flourished, flush with cash, and fueled by excitement over new technologies such as cell therapy,

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Is this the work of economic rationalists?

This will have real life consequences over the next 5-10yrs

Yeah but Joey says things have never been better under his leadership. He just can’t help himself. We should put him in a room with Santos & have a liar contest. It would be a blockbuster media event.

Because you can't earn money from the new crown, right?

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Layoff tracker: Mass layoffs by tech companies big and small hit the Bay AreaZoom, Ebay, Paypal, Alphabet, Salesforce, Meta, Splunk, Stripe. Here's an overview of Bay Area tech companies that have recently executed a mass layoff. Direct result of big tech execs / management realizing exactly the amount of work actually being completed by employees while working remotely. Sounds counter to the lowest unemployment level discussion.
مصدر: abc7newsbayarea - 🏆 529. / 51 اقرأ أكثر »

Biotech stocks that could surge more than 35% include one name targeting treatments for schizophreniaInvestor interest around new drug launches could mean biotechnology stocks are due for a breakout, some say. Yeah niece they hear You Get free benefits for medication and your father is not a white manor the president of the United State’s here they come With their Sciences and Miseducations to sabotage your growth and awareness.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »