Sage to lay off half of workforce in cost-cutting retrenchment

Sage to lay off half of workforce in cost-cutting retrenchment

Source: 
BioPharma Dive
snippet: 

Sage Therapeutics will lay off a little over half of its roughly 650-person workforce, sharply cutting back on spending in a restructuring aimed at redirecting resources toward the Cambridge, Massachusetts-based biotech's experimental treatment for depression.