Thermo Fisher Scientific to lay off 160 workers due to decreased investment in gene therapies.

Thermo Fisher Scientific, a Massachusetts-based life science company, plans to eliminate 160 jobs due to reduced investment in cell and gene therapies. The layoffs will start in January 2025 and may continue until November 2026, affecting facilities in Cambridge, Plainville, and Lexington, with the Lexington location closing entirely. Thermo Fisher Scientific is a global provider of various scientific and pharmaceutical services.

November 17, 2024
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