Sage Therapeutics Layoffs
Industry Healthcare · Location Boston · United States
1
Layoff round
340
Employees laid off
Post-IPO
Funding stage
$438M
Total raised
Sage Therapeutics has 1 publicly reported layoff round on record (most recent April 7, 2020). A total of about 340 employees were affected across these rounds.
Layoff history
April 7, 2020
Sage Therapeutics cut 340 employees (53% of staff)
Sage Therapeutics disclosed a workforce reduction affecting its Boston operations in April 7, 2020. Approximately 340 roles were eliminated.
Source: biopharmadive.com
Data for Sage Therapeutics is compiled from public WARN Act filings and reporting linked above. See our methodology.