BioSpace

Biopharma layoffs rise YOY in October but sharply trend down for 2026

October marked the first time this year there was an increase in both the number of biotech and pharma companies trimming their workforces and the number of affected employees when compared to 2025. Still, it’s highly unlikely 2026 layoffs will come close to matching the downsizing seen last year.

By BioSpace

1 min read
Biopharma layoffs rise YOY in October but sharply trend down for 2026
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