The Broad Institute of MIT and Harvard, a leading biotech research center, has laid off 87 employees as a result of the rapid pace of technological and scientific advancements in the field. The layoffs coincided with the conclusion of a partnership with Microsoft. In an email to staff, the institute’s director, Todd Golub, explained that the layoffs were necessary to stay ahead in their field. The Broad Institute’s decision reflects the changing landscape of biotech research and the need to adapt to new innovations.
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Broad Institute announces layoffs, largely in IT, software engineering
