Genentech to slash nearly 500 staffers
Genentech is letting go 474 staffers on the West Coast. Most of the 474 employees will be gone by September 18, with all gone by October. Senior clinical specialists make up the largest group of the layoffs with 116 jobs set to go, alongside 77 clinical specialists.
Genentech, the biotech unit of Roche, said the idea was to create a more local focus in healthcare. This comes after Genentech cut around 100 jobs earlier this year.
