Location: South San Francisco, California, USA.
Department affected: Research and Development.
Based on news reporting.
Genentech, Inc. has recently laid off approximately 100 employees in its Research and Development department, impacting a longtime executive who has been with the company for nearly 30 years. This decision comes as part of a broader restructuring effort within the company, which aims to streamline operations and focus on key areas of growth. The layoffs occurred in South San Francisco, California, and reflect the company's ongoing adjustments in response to market conditions. Genentech's leadership has indicated that these changes are necessary to enhance efficiency and maintain competitiveness in the biotech industry.
Genentech, Inc. cut 100 jobs affecting its Research and Development team as of October 1, 2023.
That is roughly 0.8% of the 13,000 people Genentech, Inc. employs.
LayoffTalk has tracked 15 layoff events at Genentech, Inc. since October 2023, affecting a combined 1,851 employees.
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