Massachusetts has formally seated a new Veterans Employment Opportunities Commission, a five-member panel charged with identifying the barriers veterans face in finding civilian work, and said 32 businesses are now certified or have pledged to become state-recognized Veteran Ready Businesses. Gov.
Massachusetts awarded $6.6 million in Workforce Training Fund Program grants to 543 businesses to train more than 5,200 workers, Gov. Maura Healey's administration announced Friday, Oct. 23.
Fractyl Health, a Burlington, Massachusetts, developer of obesity and type 2 diabetes treatments, will cut about 45% of its workforce as it concentrates its money and staff on a single product candidate, the company said in a securities filing and a press release on Thursday, Oct. 22.
EyePoint, a Watertown, Massachusetts, drug developer focused on retinal diseases, plans to cut about 53% of its workforce after a pivotal trial of its lead drug candidate in wet age-related macular degeneration missed its primary goal. The company announced the plan Monday, Oct.
AstraZeneca said it is investing more than $1 billion in Massachusetts, which will expand its workforce in the state by more than 50% in the coming years, as it opened a new global R&D centre in Kendall Square.
