Amgen lays off another 450 workers

Amgen's new research and development facility in San Francisco. (courtesy photo) For the second time this year, Amgen is cutting hundreds of jobs i...

March 22, 2023
3:38 PM

Amgen's new research and development facility in San Francisco. (courtesy photo) For the second time this year, Amgen is cutting hundreds of jobs in an effort to curtail expenses in the face of an uncertain economy. Amgen, the largest employer in Ventura County, announced on March 16 that it would be laying off 450 workers, which equates to 2% of its current workforce. In a statement to the Business Times, the company made these changes to 'realign our expense base in the face of intensifying pressure on drug prices and high levels of inflation so that we can continue to deliver value for our patients, staff and shareholders.

Jorge Mercado