See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Biotech company once valued at $700 million slashes entire workforce

Summary by Kron 4 News
(KRON) -- The future of one biotech company on the Peninsula is drastically changing. Unity Biotechnology is laying off its entire workforce, the company announced Monday in a press release. The reduction in workforce includes Unity Biotechnology's Chief Executive Officer, Chief Financial Officer and Chief Legal Officer. According to the release, these three executives are transitioning to consulting roles to "support in evaluation of strategic …

1 Articles

Kron 4 NewsKron 4 News
Center

Biotech company once valued at $700 million slashes entire workforce

(KRON) -- The future of one biotech company on the Peninsula is drastically changing. Unity Biotechnology is laying off its entire workforce, the company announced Monday in a press release. The reduction in workforce includes Unity Biotechnology's Chief Executive Officer, Chief Financial Officer and Chief Legal Officer. According to the release, these three executives are transitioning to consulting roles to "support in evaluation of strategic …

·San Francisco, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Kron 4 News broke the news in San Francisco, United States on Tuesday, May 6, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Technology icon

Technology

Biotech icon

Biotech

Peninsula icon

Peninsula

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.

News
For You
SearchBlindspotLocal