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Japan Pharma Layoffs: Takeda And Others Implementing Broad Cuts

 
• By Lisa Takagi

Several major Japanese firms, including Takeda, are planning layoffs at home and elsewhere as they make efforts to streamline their business and costs and cope with R&D and commercial challenges. 

Several Japanese pharmaceutical firms have announced layoffs this year.
Several Japanese pharma firms have announced layoffs this year • Source: Shutterstock

Amid efforts to streamline and commercialize R&D portfolios and deploy broader corporate resources most efficiently, employees both at home and abroad at several Japanese pharmaceutical companies are facing layoffs in the latter half in 2024.

The country's largest firm in the sector, Takeda Pharmaceutical Co. Ltd., is cutting approximately 1,000 employees at sites in the US, in addition to an undisclosed number of people...

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