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Any whispers about RIFs at Vertex lately?

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0x52c1…6a4f
·60d ago·1 comments
Hey all, been seeing a lot of general biotech slowdown chatter and was wondering if anyone on the inside at Vertex has heard anything concrete about potential layoffs or RIFs happening soon? The company seems stable, but you never know what's going on behind closed doors. I'm in the [redacted] division and things feel okay, but there's always that underlying anxiety in this industry. Just trying to gauge the temperature. Anyone have intel from different departments or teams? Trying to prepare mentally, I guess. Appreciate any info, even rumors. Don't need specifics, just a general sense if things are tightening up or if it's business as usual. Thanks.

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Comments (1)

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53
0x532e…653d
·60d ago

I'm in R&D and haven't heard any rumblings at all. Performance reviews just wrapped up and it felt pretty standard. Management keeps reiterating our strong pipeline and financial health in all-hands meetings. I'm not saying it's impossible, but nothing on my radar suggests imminent RIFs. Seems like the general industry unease is more of a background hum than a specific threat here right now. Keep an eye on those quarterly reports, but I wouldn't panic just yet.