Tag Archives: workforce

Sarepta Therapeutics lays off one-third of workforce in drastic cost-cutting move

Sarepta Therapeutics lays off one-third of workforce in drastic cost-cutting move

Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s Biotech Scorecard. You can reach Adam on Signal at stataf.54. Sarepta Therapeutics laid off more than one-third of its workforce, …

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State Dept layoffs necessary for ‘higher quality’ workforce, deputy secretary tells lawmakers

State Dept layoffs necessary for ‘higher quality’ workforce, deputy secretary tells lawmakers

A top State Department official who oversaw widespread layoffs last week is defending the personnel cuts, telling lawmakers these decisions will produce a “higher quality” workforce to carry out the Trump administration’s foreign policy agenda. Michael Rigas, the deputy secretary of state for management and resources, told the House Foreign Affairs Committee that terminating more than 1,350 employees last Friday …

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