Amgen to chop about 450 jobs in second spherical of layoffs this yr - Stock Region News

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Thursday, March 16, 2023

Amgen to chop about 450 jobs in second spherical of layoffs this yr


Amgen Inc. on Thursday stated it might lay off about 450 workers, or lower than 2% of its workforce, because it faces rising stress from drug costs and excessive inflation.

“We made these adjustments to realign our expense base within the face of intensifying stress on drug costs and excessive ranges of inflation in order that we will proceed to ship worth for our sufferers, workers and shareholders,” an Amgen spokesperson stated in an emailed assertion.

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