We hoped industry layoffs would relent in 2024. That's not what happened. Overall, biopharma layoffs rose 3% last year compared to 2023, according to an analysis of yearly data. So, here we are ...

Companies such as UPS, Meta, Microsoft, BlackRock, and Block are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.