Amgen to Cut 450 Jobs in Second Round of Layoffs This Year

Amgen to Cut 450 Jobs in Second Round of Layoffs This Year

Amgen Inc (AMGN.O) said on Thursday it would cut 450 jobs, or less than 2% of its workforce, making it the company’s second round of layoffs this year amid intensifying pressure on drug prices and high inflation. “We made these changes to realign our expense base in the face of intensifying pressure on drug prices…