Genentech Cuts 103 Amid Anniversary Celebrations | San Jose News

Genentech, the biotech giant in South San Francisco, is cutting 103 scientific and technical roles—set for July 29—just weeks after celebrating its 50th anniversary with city and state honors. This follows a similar round of layoffs in November, bringing the total to over 200 jobs lost in months. With 12,100 employees still on board, the sudden downsizing raises questions about the company’s future direction amid recent public praise. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/754f3b6d2dbba4e8