Salt Lake City, Utah-based, Recursion Pharmaceuticals, a clinical-stage biotechnology company using artificial intelligence to discover new drug candidates, has announced a realignment of its research projects and a 20% reduction in force.
The reduction will impact approximately 160 employees companywide as the company deprioritizes three clinical-stage programs and focuses on oncology and rare disease projects..
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?