Summit Therapeutics has confirmed the departure of its Chief Commercial Officer and several other leaders within its commercial and marketing divisions. These separations occurred in the months leading up to a critical FDA decision for the dr-g... — read more 

Sionna Therapeutics reported a significant quarterly loss, exceeding analyst expectations due to substantial restructuring charges. These charges stemmed from a nearly 46% workforce reduction implemented in September, impacting both research and... — read more 

DraftKings has implemented another round of job cuts, marking its third such action in 2026. These layoffs impact departments including customer experience, engineering, and legal. The company is heavily investing in its prediction markets while... — read more 

Agios Pharmaceuticals is implementing significant workforce reductions within its research and development division. The company aims to eliminate over 100 R&D roles by the end of the year. These cuts are intended to decrease the R&D headcount by... — read more 

Brockton is facing a significant financial shortfall of $18 million. City leaders will use depleted reserves to approve tax bills. This action is a temporary measure to address the immediate budget gap. Officials have warned that layoffs and service... — read more 

Mass General Brigham's CEO sent a vague email to employees acknowledging urgent financial challenges. The communication offered no specific details about the required improvements or workforce changes. This follows recent layoff announcements and... — read more 

Nurses at Brigham and Women's Hospital have announced an open-ended strike to begin on November 12th. This action is expected to be the largest nurses' strike in state history, involving approximately 4,000 union nurses. Key issues in the contract... — read more 

Town officials are preparing two budget scenarios for fiscal year 2028, one level-funded and another with a 5% reduction. Department heads have been informed that layoffs are expected due to rising costs and insufficient state aid. Pension and health... — read more 

Following a prolonged closure due to critical elevator failures, the Pittsfield Holiday Inn & Suites has laid off twenty employees. The hotel has been non-operational since late September when its last elevator malfunctioned. The attached restaurant... — read more 

Five Massachusetts companies have filed WARN notices indicating potential layoffs by year's end. These notices signal a possible reduction of up to 550 jobs across the state. The state's MassHire Rapid Response team is prepared to offer support... — read more 

Real Food From The Ground Up is closing its Fitchburg facility. The shutdown is scheduled for December 15. This action will impact operations at this specific location. Further details regarding the closure are not available in the provided text. The... — read more 

Unionized nurses at Brigham and Women's Hospital are voting on a final contract proposal after months of negotiations. This vote occurs as the hospital's parent company, Mass General Brigham, implements layoffs and cost-cutting measures. The nurses... — read more 

Biotechnology firm Fractyl Health is implementing significant workforce reductions, impacting nearly half of its employees. This strategic decision involves discontinuing its gene therapy program to concentrate on a single product. The company aims... — read more 

Massachusetts' largest healthcare provider, Mass General Brigham, is implementing another round of layoffs and significantly reducing its Home Hospital program. The cuts began last week, impacting various departments, including pediatricians at Mass... — read more 

Templeton voters have authorized the use of $1.2 million from the town's stabilization fund. This decision aims to support the fiscal year 2027 operating budget. The approval came after residents rejected a Proposition 2½ override. Article 2 passed... — read more 

EyePoint announced significant layoffs affecting approximately 53% of its workforce following a disappointing clinical trial result. The company's experimental eye treatment, DURAVYU, failed to meet its primary endpoint in a Phase 3 study for wet... — read more 

Two Massachusetts-based biotechnology companies, Adecto Pharmaceuticals and Aviceda Therapeutics, have announced they are ceasing operations. Adecto Pharmaceuticals has officially closed its doors after struggling with fundraising in a risk-averse... — read more 

Hundreds of workers in Massachusetts' biotechnology sector have been laid off. The third quarter saw substantial job reductions impacting numerous individuals. Sanofi and TScan Therapeutics were responsible for over half of these workforce... — read more 

Software company HubSpot is laying off 660 employees, which is approximately 7% of its total staff. CEO Yamini Rangan stated the layoffs are part of a restructuring effort to improve speed and customer focus. These changes aim to align the company's... — read more 

Maple Leaf Foods is consolidating its U.S. plant-based protein production into a single facility. This decision will lead to the closure of its Turners Falls, Massachusetts factory. The company plans a phased shutdown over the next 12 to 18 months... — read more 

Boston-based technology firm Klaviyo has announced a reduction in its global workforce. The company has eliminated positions within its product and design departments. These layoffs were reportedly communicated to affected employees on Monday. The... — read more 

Foghorn Therapeutics is significantly reducing its workforce by nearly half. This decision comes after the company terminated its dr-g development partnership with Eli Lilly. The biotech firm is now focused on conserving its financial resources. This... — read more 

Tara McRae has departed Puma North America. She was the first woman to lead the division. McRae is now joining Skechers. Her move comes just over a year after she took the helm at Puma. This represents a significant leadership change for both... — read more 

Sionna Therapeutics is implementing significant layoffs, reducing its workforce by approximately 46%. This decision follows the failure of its SION-719 cystic fibrosis trial. The company is shifting its focus to a new dual combination therapy. This... — read more 

Harvard College Dean David J. Deming described the recent summer layoffs as a "horrible" and difficult process. He stated that the Faculty of Arts and Sciences implemented these cuts to address a significant structural deficit. Despite the... — read more 

Biopharmaceutical companies reported significantly fewer layoffs in August compared to the previous year. The total number of companies implementing workforce reductions decreased by 48%, with affected employees dropping by 90%. This improvement is... — read more 

Wearable tech company Whoop plans to hire over 600 employees in 2026, representing substantial growth. This hiring spree contrasts with recent predictions of significant job losses in Massachusetts due to AI. CEO Will Ahmed believes AI can be a... — read more 

Emerson College is implementing layoffs affecting staff in finance and admissions departments. The institution attributes these workforce reductions to declining enrollment numbers. Increased competition for domestic students is also cited as a... — read more 

Georgia-Pacific Gypsum LLC will close its Tacoma facility in October, resulting in the layoff of 120 employees. The company filed a notice with the state detailing the permanent closure of the plant. Affected workers will receive at least 60 days of... — read more 

TScan Therapeutics is significantly reducing its workforce by 75% to reallocate resources. The company is pausing its hematological and autoimmune programs to prioritize preclinical solid tumor initiatives. This strategic shift aims to advance its... — read more 

Templeton voters are considering a significant tax increase to prevent staff reductions. The proposed hike aims to cover a budget shortfall and avoid 16 layoffs. A decision on the ballot measure is expected soon. The town is actively seeking... — read more 

Templeton is facing a significant budget shortfall for fiscal year 2027. The Board of Selectmen plans to present a $1.3 million override request to voters. If the override fails, the town has prepared a contingency plan. This plan includes... — read more 

Merck KGaA's North American division, EMD Serono, has laid off 20 employees at its Billerica, Massachusetts research site. This reduction follows a previous announcement about enforcing onsite work requirements at the same location. The layoffs are... — read more 

Sanofi is laying off 229 employees from its acquired company, Blueprint Medicines. This workforce reduction is part of the integration process following Sanofi's $9.1 billion buyout of Blueprint. The company is also consolidating its office space in... — read more 

Aura Biosciences is laying off 20% of its staff to concentrate on a single experimental eye cancer treatment. This strategic shift aims to reduce operating costs and extend the company's cash runway into 2029. The company is deprioritizing its... — read more 

Cybersecurity firm Rapid7 has announced significant job cuts, impacting approximately 300 employees or 12 percent of its staff. These layoffs occurred during the second quarter, coinciding with a reported decline in the company's revenue and profits... — read more 

The Woods Hole Oceanographic Institution has eliminated 26 positions due to federal funding reductions and delays. This action reflects broader financial challenges impacting research institutions nationwide. The affected roles supported scientific... — read more 

Massachusetts is anticipating up to 1,392 layoffs in August according to state filings. These notices are required by the Worker Adjustment and Retraining Notification Act for companies with over 100 employees. The state's MassHire Rapid Response... — read more 

Massachusetts' life science sector is experiencing a significant increase in layoffs, with over 2,300 anticipated job cuts reported in 2025. This trend marks a notable shift after years of consistent employment growth in the industry. Experts... — read more 

Boston Scientific has announced a new global restructuring plan approved by its board of directors. This initiative aims to achieve sustained cost efficiencies and support continued growth. The company expects some positions to be eliminated as part... — read more