Takeda Pharmaceuticals is laying off nearly 250 employees at its U.S. headquarters in Cambridge.
The layoffs will begin July 1 this year and continue through 2027, impacting 247 workers, Takeda lead counsel Sonali Das wrote in a March 25 filing with the state. Employers with 50 or more employees are required by law to provide notice to the state of mass layoffs within 60 days.
A Takeda spokesperson told Cambridge Day via email that the company is not doing interviews and referred a reporter to a press release published the same day as the state filing. The release covers a plan to restructure the company that will cost nearly $1 billion this fiscal year with the goal of creating annual returns of roughly $1.3 billion…