Location: South San Francisco, CA.
Based on news reporting.
Genentech, Inc. has eliminated 87 jobs in a recent round of layoffs in South San Francisco. This decision reflects ongoing adjustments within the company as it navigates the current market landscape. The layoffs are part of a broader trend in the biotech industry, which has seen various companies reducing their workforce in response to economic pressures. Genentech's actions indicate a strategic move to streamline operations and maintain competitiveness. The company continues to adapt to changing conditions while focusing on its core objectives.
Genentech, Inc. cut 87 jobs as of October 1, 2023.
That is roughly 0.7% 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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