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Takeda Pharmaceuticals layoff plan follows $1.87 million in Massachusetts tax incentives

Posted on AllSides May 29th, 2024
From The Center

BOSTON — Less than one year after being awarded a nearly $2 million tax incentive for its commitment to create and retain 125 jobs in Lexington, Takeda Pharmaceuticals has told the state it now plans to lay off 146 of its Lexington workers and another 495 employees based in Cambridge. The company, which has a headquarters of United States operations in Cambridge, revealed the plan to lay off 641 Massachusetts employees between early July 2024 and March 2025 in a filing made last week pursuant to the federal Worker Adjustment...

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