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BioWorld - Saturday, June 27, 2026
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Home » Programs dropped, jobs lost: Pipeline dynamics drive biopharma restructurings in 2023
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Programs dropped, jobs lost: Pipeline dynamics drive biopharma restructurings in 2023

Dec. 18, 2023
By Amanda Lanier
More than 17,000 jobs losses were announced by 206 biopharma companies in 2023, down about 7% from the more than 18,400 workforce reductions attributed to biopharma last year. All told, there were 17,169 workforce reductions in 2023, not including undisclosed numbers.
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