Thread regarding UNITY Biotechnology layoffs

Unity disbands workforce as it searches for strategic path forward

Unity is also considering a full range of strategic alternatives that could include a sale or divestiture of assets, a merger or winding the company down altogether, according to the release. Through a “revised operating plan” that looks to scout these alternatives while reducing operational cash burn, the company plans to completely eliminate its headcount with layoffs "affecting all of its workforce," while making “consulting arrangements” to help wind down the Aspire study.

https://www.fiercebiotech.com/biotech/unity-shrinks-its-workforce-it-searches-strategic-path-forward-while-mammoth-cuts-24

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