Exelixis, Inc. Lays Off 130 Workers in Cost-Cutting Move
SOURCENews reportView the filing ↗
What we know
Location: Bay Area, California, USA.
Based on news reporting.
Summary
Exelixis, Inc., a Bay Area biotech company valued at $10 billion, has laid off 130 workers as part of a cost-cutting strategy. This decision reflects the company's efforts to streamline operations amid financial pressures. The layoffs occurred recently and are aimed at improving the company's financial health. Exelixis has not specified which departments were affected by these job cuts. The move highlights the challenges faced by biotech firms in the current economic climate.
Exelixis, Inc. cut 130 jobs in CA as of August 29, 2025.
That is roughly 21.7% of the 600 people Exelixis, Inc. employs.
LayoffTalk has tracked 5 layoff events at Exelixis, Inc. since March 2024, including 288 jobs documented in official WARN filings, with 2 additional events known from news reporting.
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