Biotech Layoff Tracker 2025. Biopharma layoffs rose 57% last year compared to 2022, with 187 industry workforce reductions in 2023 compared to 119, according to an analysis of fierce biotech. Flagship founded sonata in may 2022 by combining two of its existing companies:
The latest clutch of staff reductions that have kicked off the. The job cuts started in march 2025, with 75 employees terminated.