Biotech Layoff Tracker 2024. Sana’s stock has fallen since the company went public three years ago, but is up 20% so far in 2024. Conditions may be more difficult for such a spark to take hold in 2024 after a year in which more than 120 public biotech companies laid off staff.
Massachusetts companies disclosed plans to cut more than 1,810 biotech jobs in the second quarter of 2024. According to the fierce biotech layoff tracker, there were 38 layoff announcements in the second quarter of 2024, compared to 36 in the same period during 2023.