March and April brought the brutal news of layoffs to hundreds of workers at biotech and health tech companies in the Bay Area. Even as job cuts have seemingly slowed down in the wider tech industry this spring, four health-related companies announced sizable staff reductions. Genentech and Hinge Health cut portions of their Bay Area workforces, while Sanofi and Abbott Laboratories announced major facilities closures. All told, 807 people will lose their jobs. The layoffs were previously... Read this story
