2seventy bio's honeymoon phase is over as job cuts hit 6% of staff

Slimmed-down 2seventy bio is getting even slimmer, with 6% of its workforce heading out the door less than five months after formally spinning off from bluebird.

The layoffs were confirmed in an email to Fierce Biotech Wednesday by a spokesperson after the company announced Tuesday that it had “taken important steps to reduce overhead costs and streamline our operating model.”