Less than a year after cutting 25% of its workforce, Bicycle Therapeutics is once again making layoffs. This time, the biotech is set to reduce its workforce by 30%. Because Bicycle had 288 employees at the start of 2026, this means about 86 workers are set to lose their jobs in this round of layoffs.
https://www.nbcboston.com/boston-business-journal/massachusetts-biotech-cuts-30-of-workforce-winds-down-lead-dr-g/3917165/