The 5 largest biopharma layoffs of Q1 2025

Layoffs pushed thousands of pharma and biotech professionals into the job market in the first quarter, albeit at a slower pace than last year. During the first three months of 2025, 70 companies let go of about 4,015 employees, an 18% year-over-year drop in people affected, based on BioSpace tallies. Those numbers exclude contract development and manufacturing organizations, contract research organizations, tools and services businesses and medical device firms.