Biogen lays off staffers at newly acquired Reata, with 113 set to lose positions

cafead

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  • cafead   Oct 12, 2023 at 12:12: AM
via That didn't take long.

Just two weeks after Biogen completed its buyout of Reata Pharmaceuticals, the combined company is trimming its staff.

In a recent Worker Adjustment and Retraining Notification (WARN) notice sent to state officials in Texas, Reata said it's cutting 113 positions. The layoffs will take effect late next month.

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