Takeda to lay off over 600 employees in Cambridge, Lexington
Despite a rosy outlook, the largest life sciences company in Massachusetts says the layoffs are part of a restructuring plan.
Stay updated with breaking news from Worker Adjustment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Despite a rosy outlook, the largest life sciences company in Massachusetts says the layoffs are part of a restructuring plan.
Takeda Pharmaceuticals has told the state it now plans to lay off 146 of its Lexington workers and another 495 employees based in Cambridge.
Less than one year after being awarded a nearly $2 million tax incentive for its commitment to create and retain 125 jobs in Lexington, Takeda Pharmaceuticals has told the state it now plans to lay off 146 of its Lexington workers and another 495 employees based in Cambridge.
Massachusetts' largest biotech company employs 6,290 employees in the Commonwealth as of 2022, and among the top 14 largest in the United States.
Breaking News, Sports, Manitoba, Canada