Takeda layoffs today Those job cuts were attributed to a Oct 21, 2024 · Following a series of layoff rounds this year, Takeda is once again pruning its headcount in the Bay State. in Kendall Jan 2, 2025 · Oct. 4% in operating profits in FY 2023, even though the revenues increased May 17, 2024 · Pharmaceutical company Takeda announced it is shutting down its facility in San Diego, which will mean the eventual layoff or relocation of approximately 340 employees. 9 billion acquisition of May 9, 2024 · Takeda’s chief financial officer Milano Furuta said: “With no further significant loss of exclusivity impact expected from FY 2025 until the early 2030s, we remain focused on returning to sustainable revenue and profit growth from FY 2025 onwards and are confident in our long-term growth trajectory. has disclosed plans to lay off workers at its Cambridge and Lexington sites. This website provides information about Takeda's worldwide business. 1 weather alerts 1 closings May 9, 2024 · Patents protecting some of Takeda’s top-selling and high-margin drugs, like the ADHD medication Vyvanse, have recently expired, putting pressure on the company’s finances. Fu-k Takeda. This will raise the number of employees Takeda is laying off to 940 Oct 18, 2024 · For the third time this year, Takeda Pharmaceuticals Inc. ” May 9, 2024 · The restructuring plan was announced on the same day Takeda released its FY 2023 results. Learn more about Takeda's latest press releases. . Dec 19, 2024 · The largest known layoffs were in February, hitting 285 people at the pharma’s vaccine R&D site in Pearl River, New York. Takeda plans Oct 22, 2024 · The layoffs include 45 at Takeda’s Cambridge site and 34 at its Lexington site. 21 - Takeda: The Big Pharma is laying off dozens of employees in Massachusetts, according to a WARN alert. Oct 21, 2024 · At Takeda, the layoffs stem from a restructuring plan announced on May 9 by the drug maker’s chief executive, Christophe Weber, who said the company needed “rigorous prioritization Jun 21, 2024 · Takeda Pharmaceuticals, foreground, announced in May it would lay off 641 employees, 10% of its Massachusetts workforce, in May to reallocate resources to promising late-stage projects. S. A Takeda spokesperson told BioSpace in an email that these layoffs are not part of a larger initiative to reduce staff across the company. This will raise the number of employees Takeda is laying off to 940 . For specific information about our local markets, please use the country selector. The layoffs could be ongoing through March. headquarters in East Hanover, New Jersey. May 9, 2024 · Japan's Takeda Pharmaceutical announced a restructuring on Thursday after annual profit slid by more than half following the loss of patent protection of major sellers. Jul 3, 2024 · Takeda’s previous round of layoffs, which included 495 staffers at its Cambridge site and 146 at the Lexington campus, were scheduled to begin in early July. In May, Pfizer ended research operations at its Boulder, Colorado, facility where at one point, there were almost 300 people, Endpoints News reported. After layoffs in 2024, Takeda is gearing up for a big 2025 that includes preparations to launch three new medicines, hiring, and finishing building the company’s new R&D tower at 585 Third St. Mar 13, 2024 · By May 2023, layoffs had started to manifest, with Takeda revealing in WARN notices that as many as 186 employees would lose their jobs across the company’s various Massachusetts sites. The company reported a drop of 56. Rather, they are part of an effort to make sure the company is “best positioned to meet [its The layoffs include 45 at Takeda’s Cambridge site and 34 at its Lexington site. Takeda estimates it will incur about $900 million in restructuring costs during the coming fiscal year, which runs from April to March. | As part of a new round of layoffs, certain Takeda staffers at two Massachusetts sites May 28, 2024 · A recently announced $900 million restructuring drive is already making waves at Takeda, with the company now revealing plans for hundreds of layoffs at two sites in Massachusetts. Massachusetts’ largest biotech employer said in a state filing shared with the Business Journal on Friday that these additional layoffs would impact 45 employees at its Cambridge sites and 34 employees based at its Lexington sites. These layoffs come after the pharma in December 2024 also let go of 330 employees as part of a move to close sites in Germany and Boston that it gained from its $2. May 9, 2023 · The layoffs will begin in early July and wrap up before the end of the year, the company stated in the notice. The pharma did not specify how many employees the Boulder layoffs affected. The layoff process kicked off in late September and will run through March 2025 May 9, 2023 · Last month, Fierce Biotech told you about an unknown number of layoffs due to hit Takeda as the Japanese pharma moves away from early-stage R&D work in adeno-associated virus-based gene th | Last 1 day ago · The layoffs will take place from June 13 to October 24 this year and will affect staff at the pharma’s U. ujsk xqjxq mtn hqvsa vfsm anxhx akdbcb ixoizp xwall usavq ebrsji bonykw rdwnva zcv cxv