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Thursday, Mar 28, 2024
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More Layoffs at Amgen

Amgen Inc. plans to lay off 70 workers at its Thousand Oaks headquarters, mostly in information technology jobs. The pharmaceutical company announced the cuts in an email, specifying that the positions are predominantly in the information systems department with a small number elsewhere. “The majority of the positions were eliminated due to recently outsourced work,” spokeswoman Kristen Davis said in the email released Thursday. “Each of the individuals notified was offered comprehensive severance benefits that provide cash, health insurance and career transition services.” The company employs about 6,000 people at its Thousand Oaks campus. This round of layoffs is the second this year for Amgen. In March, the company announced 252 job cuts in sales and operations. Shares closed up 8 cents, or a fraction of 1 percent, at $117.82 on the Nasdaq.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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