Biotech firm Genentech will lay off 93 employees at its South San Francisco headquarters, according to a Worker Adjustment and Retraining Notification Act notice and SFGate. SFGATE reported that scientist roles will be the hardest hit, although engineers, managers, analysts and one vice president are also being let go. The layoffs are effective Oct. 8, according to the WARN notice.
In a statement to SFGATE on Aug. 27, a Genentech spokesperson wrote that the company periodically has to “make adjustments in our organization, including decisions around the right make-up of our workforce within the many functions in our company.” The spokesperson further stated that as a result of those ongoing evaluations, the organization “identified certain positions across Genentech that are no longer needed in support of our future work.”
This is the second round of layoffs at Genentech in 2024. In April, a company representative said it would reduce its workforce by about 3% across multiple departments, with more than 400 jobs estimated to be affected. The Genentech spokesperson said there were no reductions at parent company Roche.
In a statement to SFGATE on Aug. 27, a Genentech spokesperson wrote that the company periodically has to “make adjustments in our organization, including decisions around the right make-up of our workforce within the many functions in our company.” The spokesperson further stated that as a result of those ongoing evaluations, the organization “identified certain positions across Genentech that are no longer needed in support of our future work.”
This is the second round of layoffs at Genentech in 2024. In April, a company representative said it would reduce its workforce by about 3% across multiple departments, with more than 400 jobs estimated to be affected. The Genentech spokesperson said there were no reductions at parent company Roche.
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