Location: Cranbury, NJ.
Based on news reporting.
Rocket Pharmaceuticals Cranbury has announced a reduction in its workforce, laying off approximately 50 employees as part of a strategic shift in response to ongoing clinical and regulatory challenges. This decision comes as the company aims to streamline its operations and focus on its core pipeline amidst a turbulent regulatory environment. The layoffs are effective immediately and reflect the company's need to adjust its resources to better align with its current operational goals. The company has not specified which departments are affected by these cuts, but the move is seen as a necessary step to ensure long-term viability.
Rocket Pharmaceuticals cut 50 jobs as of October 1, 2023.
That is roughly 50% of the 100 people Rocket Pharmaceuticals employs.
LayoffTalk has tracked 6 layoff events at Rocket Pharmaceuticals since October 2023, affecting a combined 290 employees.
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