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✉news BusinessBusiness first seen 13 h ago, last 10 h ago, peak #25

Over 440 Massachusetts biotech workers lost jobs in Q3

More than 440 biotech workers in Massachusetts lost their jobs during the third quarter, according to a report from The Business Journals. The layoffs add to a stretch of workforce cuts in the state's biotech sector, a key pillar of the regional economy centered around Boston and Cambridge. The figures track job losses disclosed across companies in the industry during the quarter.

Why now: Layoffs in a major local industry raise concerns about the health of Massachusetts' biotech sector.

Massachusettsbiotech industryThe Business Journals

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