Am­gen to cut 350 staffers fol­low­ing $28B Hori­zon takeover

Am­gen is cut­ting 350 em­ploy­ees in the wake of its $28 bil­lion Hori­zon ac­qui­si­tion, the com­pa­ny told End­points News on Tues­day.

Af­fect­ed roles will be “large­ly where there is over­lap with ex­ist­ing teams at Am­gen,” the com­pa­ny said, adding that more than 80% of lega­cy Hori­zon em­ploy­ees in the US will have jobs at Am­gen.

“We do not take these de­ci­sions light­ly, and we ap­pre­ci­ate the con­tri­bu­tions of those em­ploy­ees be­ing im­pact­ed,” Am­gen said. “We will treat them with re­spect and of­fer sup­port through the process.”

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