Fierce Biotech Layoff Tracker 2025: Abata Folds; Generation Lays Off 90% of Staff
Abata has ceased operations ('folded'), according to the August 2025 entry in Fierce Biotech's Layoff Tracker5.
Generation has laid off approximately 90% of its staff in 2025, marking one of the most significant workforce reductions tracked this year5.
Biotech industry layoffs in the first half of 2025 jumped by 32% compared to the previous year, with 128 rounds of layoffs reported versus 97 in the same period for 20241.
May 2025 saw a record monthly high of layoff rounds—29 reductions in force—reflecting increasing volatility and cost-cutting in the sector1.
Other notable events in August 2025 include Vedanta cutting 20% of its staff and Bayer-allied NextRNA Therapeutics winding down operations35.
Industry-wide trends indicate closures and large-scale layoffs are driven by financial pressure, pipeline failures, and strategic realignments among biotech firms15.
Sources:
1. https://www.fiercebiotech.com/biotech/biopharma-layoffs-first-half-year-jump-32-yoy
3. https://www.fiercebiotech.com/keyword/biotech-layoffs
5. https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2025