Amgen to lay off 350 employees at Irish-based Horizon Therapeutics

Amgen, the US biotech company, intends to lay off 350 employees from Irish-based Horizon Therapeutics next year after it recently closed a $27.8 billion (€26 billion) takeover of the rare-disease drugmaker.

More than 80 per cent of Horizon employees were placed in roles at Amgen, according to a spokeswoman for the company. None of the laid-off employees have separation dates this year and all cuts would be made to staff numbers in the US ...