2012 was not the best year for jobs, although it did get better as the year went on, going from an 8.3% unemployment rate in the U.S. in January to 7.8% in December. However, while layoffs might be happening less and less often, they’re still occurring in every industry, including biopharma. Reasons given run from “eliminating redundancies” to “restructuring”. You’ve seen lists of the top 10 pharma firms and the 10 best regions to find a biotech job; now find out which biopharma companies passed out the most pink slips last year.
Below is a list of biopharma companies with the largest numbers of layoffs during 2012. Companies are listed in order by number of layoffs, followed by the location(s) of job cuts, the stated reason or contributing factors, the dates of announcement and occurrence, projected savings, and costs and charges attributed to the layoffs.