Just five months into 2025, and a string of layoffs has already come down on the genomics space. More than 25 genomics companies have shed several workers since the year began, many of them facing the brunt of a financial downturn. Table of contents Prime Medicine workers face 25% redundancies 10x Genomics and Lexeo Therapeutics announce budget cuts amid funding woes Genomics specialists Mammoth Biosciences, Korro Bio, and Vor Bio carry out layoffs U.S. genomics industry layoffs: are budget...

As U.S. budget cuts and freezes push healthcare and biopharma research in the States towards uncertainty, could Europe be the destination that science talent flocks towards? That’s what the European Union (EU) hopes will happen and has now introduced a new policy to enact this plan. The European Commission pledged €500 million ($562.78 million) in funding as part of the Choose Europe for Science initiative launched this month in a move to attract U.S. researchers. Table of contents What are...