Caribou Biosciences plans a substantial workforce reduction as it stops development of its two allogeneic CAR-T therapy programs and begins a review of strategic alternatives.
Amazon has made another round of corporate job cuts. The company confirmed on Oct. 7 that it had eliminated what it described as a small number of roles, mostly within its Stores organization, the unit that runs its core e-commerce business.
Fair Isaac told the SEC it will cut about 15% of positions companywide, citing fewer management layers, a simpler structure and AI-driven product development. Employees began receiving notice the week of October 5.
HubSpot says it will reduce its workforce by about 7%, affecting nearly 660 employees, as it reorganizes around customer outcomes and fewer management layers.
Foghorn Therapeutics plans to cut about 40% of its workforce, leaving about 65 full-time employees, after it and Eli Lilly decided not to advance FHD-909 into the expansion phase, according to an Oct. 1 SEC filing.
Disney is planning another restructuring of its television business that could consolidate divisions and cut hundreds of jobs, The Wall Street Journal reported. The plan is not final, and Disney had not commented.
Nike says a multi-year program called Pace will leave it with fewer roles while it reorganizes into three geographies and opens a campus in Bengaluru. The company says it does not yet know how many roles are affected or where.
