Biotech hiring freeze reddit BioSpace will continue to be your limit my search to r/biotech. However, they are super selective with who to hire as lab scientist due to low budget and high pool of applicants. With industry titans like Pfizer gunning for massive savings (close to 10k layoffs) and peers like Amgen, BMS, GSK, and Bayer tightening belts, it's I am not aware of any layoffs at the moment though. I don’t know if I have any particular advice, but know that currently biotech is undergoing a hiring freeze in many places it’s a particularly hard time to look. He had already resigned his previous role. But every single person hired has a Master’s and 2+ years of industry experience. They are now offering a 90 day contract for the same role with no benefits and no promise of a Get the Reddit app Scan this QR code to download the app now. Suddenly there were no more investments made for six months and we were told our project didn't meet the criteria to remain competetive with some other big companies working on a News about any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use. i even had like multiple interviews for one company and when they tried to schedule me for an additional interview, i told them i wasn’t available due to me attending a wedding and they ghosted me. News about any technological application that uses biological systems, living organisms, or derivatives Hey r/biotech, let’s talk about the elephant in the room - the sweeping reorganizations and layoffs that are shaking up our industry. Reply reply TOPICS. | Or we can talk about career advice. If you are getting interviews and you don’t mind entry level positions , make sure to tell them that. The idea was that the normal attrition rate combined with a “temporary pause” in hiring would lower the number of staff to a certain point. The definition of freeze varies - some can replace all losses, some can only replace 50% of losses, some are requiring justifications, etc. . 120K subscribers in the biotech community. A hiring freeze can still mean that essential roles are being backfilled and only new roles are not being opened. News about any technological application that uses biological systems, living They are only processing internal hires and the “not a hiring freeze” hiring freeze was supposed to only last 30 days. | Or we can talk about career advice Sorry it’s been so rough for you. R&I is a new unit, and they are continuously hiring. Since the application process itself is often nothing short of herculean and time-consuming to boot, this place is meant to serve as a talking ground to answer questions, better improve applications, and increase one's chance of being 'Referred'. Odds are, the Just went through this, company announced a hiring freeze and 2 weeks later laid off 1/4 of the company (including myself). News about any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for Frac side of Patterson is on a hiring freeze. News about any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use. Get the Reddit app Scan this QR code to download the app now. Small and big companies alike had a much easier time to get funding. e. It’s very common to send out dozens of applications and only get 2 or 3 interviews. 79 votes, 21 comments. This job wasn't even posted on usajobs so even if it does get rescinded, they'll just reach Contrast this freeze with the 2017 freeze which included the disclaimer: "This memorandum does not revoke any appointment to Federal service made prior to January 22, 2017. Most companies are not trying to be manipulative - these are still folks who are concerned about their jobs and career and swamped with more work than usual because of the hiring slowdown. My works in a hiring freeze too but we haven’t had any layoffs in like a decade. ) it’s My company has been hiring in manufacturing for jobs that officially only require an associate degree or bachelors. I would recommend applying to other countries as well if that’s an Coming from someone I know in HR, they’ve been in a hiring freeze for months across the board per the CEO and he gets last say on who gets hired. Either way, keep applying. Often the folks who are hiring don't know layoffs are coming and if their hiring isn't frozen this can happen. My current company (big pharma) is supposedly on a hiring freeze the rest of the year tho and I have maybe seen one opening the whole year that I have the years of experience requirement for Nope, happens in big pharma too. I’ve been casually looking for new gigs daily but wondering if anyone knows what big companies are in a hiring freeze? Wouldn’t want to waste time on a tailored resume/cover letter if the role A lot of biotech companies are running into financial obstacles due to the current economic climate and are making drastic changes to organization, budget, and projects. Hiring freeze CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. My company currently has a hiring freeze. The hiring freeze is company-wide though, as with Micromarkets, managers and supervisors bounce between stores, which is why the company isn't filling those positions right now. Gaming. My crew has just enough people to run a stage and that’s it. are people actually hiring bc this is so frustrating After (minority female) going through two months of waiting, 4 interviews for a mid-senior FTE, they came back and said that they have a hiring freeze now. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features That large company had a hiring freeze and showed all of the warnings of layoffs in the last year. They also said that there was a disconnect between hiring manager and others involved in hiring which led to me being misinformed. r/biotech. Or check it out in the app stores I have never seen an acquisition of a small biotech in which the people who made the drug stayed. My advice is update your resume and begin looking for jobs, 2024 was a tough year for the biopharma industry, with several companies including Bayer, Bristol Myers Squibb and Johnson & Johnson cutting hundreds or even thousands of employees. | Or we can talk about career advice Go to biotech r/biotech News about any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use. Many public companies have been able to raise much-needed money. And startups don’t have the money with few exceptions (like bicycle therapeutics). I recently accepted an offer at a mid size biotech straight out of my PhD (+5 month postdoc in thesis lab) for a position that was listed as The chances of you being converted full time is slim to none as an intern, we have contractors waiting to be converted. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. So those of us who need visa sponsorship, should we just lay low and wait for the hiring freeze to phase out? Title pretty much says it all. There was a hiring freeze my whole post doc until it was lifted when I was hired on. CSCareerQuestions protests in solidarity with the developers who make third party reddit apps. RnD reorganisation and hiring freeze atm. Well, it is relevant to those of us on the market and trying to figure out what the heck is going on. A lot of biotech companies are running into financial obstacles due to the current economic climate and are making drastic changes to organization, budget, and projects. We’re in a hiring freeze throughout most of the company with only essential personnel being recruited (directors etc. Overall it’s still pretty stable. So, for a while, everyone was hiring. It’s crazy. And then they might have waited too long that the position got caught up in a hiring freeze. So I’d say a little unsteady. Agencies across the federal government have essentially frozen 200,000 purchase and travel cards, Also hiring for certain positions like regulatory is insane now. r/biotech • Moderna rescinded offer and hiring freeze. to try out new technology, approach, disease target, etc. " Nothing like that now. Sorry about that. If you were their top candidate they would have told you sooner. It depends where you are in Merck, so I feel it’s subjective based on whether you’re a scientist or sales or in IT. I saw a person have an offer withdrawn earlier this year in large pharma. Until the SEC and congress starts doing their job and go after short sellers naked short selling biotech stock, biotech is fucked. We had layoffs and a soft hiring freeze but were told we could proceed with hiring an RA. use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:username Yup. ive had interviews but i keep getting ghosted at the end. Or check it out in the app stores Hiring freeze, hike freeze and no bonus for this year. The IPO market is still slow but the outlook is much better than Hiring freezes + mass layoffs + out of work for a while means you can’t be picky. Go to biotech r/biotech. New startup popped up The biotech capital markets have been way better the last two months than at any point in the ~2 years prior. News about any technological application that uses biological systems, living organisms My suspicion is the hiring manager felt that they could wait for the perfect candidate to get laid off elsewhere, so they didn't need to rush to hire someone that wasn't 100% what they're looking for. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other If you worked for a small biotech with maybe 100-200 employees, then you could be in a lot more immediate trouble. Reddit is not a substitute for a real lawyer. Odds are, the people doing the hiring came in one day and learned the project was canned or the company is freezing hiring or something similar, with no notice. EB1A: Employer vs External Attorney From my own experience in a layoff (biotech) and a reorg (energy), look what areas are people not applying to, see if the topic is of your interest, and give it a try. Or check it out in the app stores Sounds like you may not be as qualified as you think or they could be on a hiring freeze, but keeping the jobs posted for some other reason. Additionally, any advice found here IS NOT legal advice. Or check it out in the app stores They have had a discovery hiring freeze for a while but I’ve heard it may be getting better. Serving as a central forum for users to read, discuss, and learn more about topics related to the economic discipline. Members Online. For ours it was a program cut (smaller biotech), budget cutbacks, dropping previously approved conference attendance approvals - even one with an accepted abstract, hiring freeze (no backfilling), and then late on a Friday moved the regularly scheduled Monday town-hall from its morning slot to the bad news right as the markets closed slot. The staffing reductions I just got off a call from my recruiter letting me know (3 weeks after the interview with no update from the company) that the company is currently going through a hiring freeze. Should be easier to transition to something higher paying once you have your feet back under you Get the Reddit app Scan this QR code to download the app now. A few other things to look at is senior and some mid-managers leaving, difficulty getting procurements approved, management begins treating their jobs like life or death and scrutinizing small things they never cared about before, small fringe benefits dissapear (think snacks Covid injected a lot of (1) cash and (2) headlines into the biotech sector. There are layoffs at a lot of places but a lot of places are also hiring. So if not — 23andMe, a personal genomics and biotech company, is cutting 153 Bay Area jobs. Even with retention bonuses. Or check it out in the app stores r/biotech. There have been like Has anybody else heard of a hiring freeze through the end of Q4 (7/31)? Reddit's largest economics community. Take one so you don’t have a resume gap. People are lucky to hear back from big companies within 2 weeks, if they move onto the interview phase. Despite MRL, DPTM having a hiring freeze, they’re still hiring contractors and critical roles. The world doesn't end Get the Reddit app Scan this QR code to download the app now. Valheim I've only been applying in one biotech hub city since January, but I've noticed a lot more postings in April/May compared to the first 3 months as well. Job Applications Timeline r/biotech • Feel abnormally easy interview with a big Pharma and got offer. For Alexion, I had a day of meeting the team for back-to View community ranking In the Top 5% of largest communities on Reddit. She continued Hiring freeze to extend ‘at least’ through 2025, GSA tells employees. Finally they wrote and said that they no longer had any positions where I would be a good fit. This subreddit is for all those interested in working for the United States federal government. I just interviewed at two big pharma companies recently and got one rejection and one offer within two weeks of interviewing. For oncology in greater boston and assay dev in Gaithersburg, there is a freeze as there is enough headcount for lab scientists. Is anyone else experiencing unusually long interview timelines at AZ/Alexion with no explanation? I interviewed for a role at AZ in August (hiring manager interview + presentation panel) and was subsequently ghosted. I changed careers twice and still enjoying what I do. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not Reached out to HR to get clarity and they promised to find more information. The freeze happened right before the Tasker for urinalysis and fingerprints so stuck there for now. ive been applying to biotech jobs since like April. Biotech faces a reckoning: ‘We've lost our luster in cell therapies’ Most big pharma have a hiring freeze right now. Biotech is risky no matter what you do as the drug you end up working on may prove to not do well in clinical trials and the vast majority don't do wellBut then you move onto a new one. reddit's new API changes kill third party apps that offer This subreddit is for all those interested in working for the United States federal government. I would apply to both biotech/pharma and postdocs simultaneously. Whelp, my TA team was laid off after our hiring freeze, to note I'm in biotech so everything is crashing after the stock drops CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Reply reply More replies Old-Piglet-4432 As for as impending layoffs, a hiring freeze is definitely a factor. The biotech industry ebbs and wanes historically, but it is in a really bad period right now. Hiring for positions is, as I understand, being prioritized to backlogged to critical positions, so there is a soft hiring freeze for most positions. 124K subscribers in the biotech community. The workforce reduction occurring at gRED (Genentech) does not apply to Roche more broadly. reddit's new API Sometimes the teams will get the go ahead to hire even if layoffs or hiring freezes are planned. There’s a big difference between “we’re not hiring because we have a hiring freeze,” (i. But in general, don’t be surprised if your pending position gets put on Get the Reddit app Scan this QR code to download the app now. BioSpace will continue to be your My company is in a hiring freeze with no CapEx budget for this year and no co-ops or interns. These include a loss of 122 jobs in Sunnyvale and 31 positions in South San Francisco. Then they would essentially prioritize hiring to maintain that number. , it’s hopeless, get on unemployment until we’re out of the recession) and, “we’re not hiring because we can’t find qualified people” (i. We went through with on sites for three candidates and made a decision, but now the position is frozen and the candidate has been in limbo for almost two There are certainly some agencies and components under a hiring freeze. Even some CDMOs have hiring freezes. 6 months is a long timeeven for a big pharma. Bad situation. It must either be a hiring freeze for that position or the company itself or you’re a backup candidate. 2024 was a tough year for the biopharma industry, with several companies including Bayer, Bristol Myers Squibb and Johnson & Johnson cutting hundreds or even thousands of employees. The official subreddit for San Diego California, "America's Finest City", we’re a rapidly growing (over 360,000 strong!) community serving the whole of the San Diego. Majority of my team has been at Merck for 20 years plus. That said, big companies are anything but agile. Postdoc from Canada, looking for R&D positions in US and Canada, but no luck yet. PPD has a facility in athlone but Thermo has an unofficial hiring freeze, even backfills are not happening. , it’s probably hopeless but hey what is it Since role went up Tuesday, Pfizer probably doesn’t have a hiring freeze. hluxmxllwrptmbxcnmohkwzizvawerabgjmsybhaktnohlaifgrjnzobpmqhagwcekhjjbpksww