The Top Line Biopharma layoffs aren't letting up
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Jul 11, 2025 Biopharma job cuts are on the rise, with a staggering 32% increase in layoffs this year. The podcast reveals how federal regulations and funding cuts contribute to this instability. Insights into major companies like Icon Therapeutics and 10X Genomics highlight the uncertainty pervading the sector. Despite this bleak outlook, there are surprising turnarounds, like Vorbio’s unexpected licensing deal, sparking discussions on future predictions in an unpredictable biotech market.
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Steady Biopharma Layoffs in 2025
- Biopharma layoffs remain steady in early 2025 despite expectations of stabilization.
- Ongoing market pressures, biotech closures, and federal policy changes drive persistent workforce cuts.
Layoffs Up 32% Year-Over-Year
- Layoff rounds hit 128 in the first half of 2025, a 32% increase from 97 in early 2024.
- May had a record 29 layoff rounds, showing monthly variation amid a steady quarter total.
Federal Cuts Impact Biotech Funding
- Federal funding cuts ripple through biotech, impacting academic institutions and instrument sales.
- This has forced some companies to pause projects and reduce workforce due to decreased market demand.