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7 biopharma M&A deals where layoffs followed

Summary by BioSpace
Workforce cuts this year at seven companies involved in recent mergers and acquisitions will cost over 1,300 employees their jobs. Affected businesses include Arcellx and Tourmaline Bio, acquired by Gilead Sciences and Novartis, respectively.

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BioSpace broke the news in West Des Moines, United States on Thursday, August 20, 2026.
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