Ph.D.s can’t find jobs as Boston’s biotech engine sputters

Boston’s life sciences cluster was built on the promise that if you earned a doctorate and came to Kendall Square, the jobs would be waiting. Instead, a growing number of Ph.D.s are discovering that the region’s vaunted biotech engine is stalling just as they enter the market. The result is a jarring mismatch between years of elite training and a hiring landscape that no longer behaves like the boomtown they were told to expect.

The slowdown is reshaping not only individual careers but also the broader innovation economy that depends on a steady flow of scientific talent. As venture capital tightens and companies retrench, the same credentials that once guaranteed a lab bench in Boston now send candidates into months of applications, side gigs, and hard choices about whether to leave the hub altogether.

The promise that drew Ph.D.s to Boston

For more than a decade, Boston marketed itself as the safest bet in biotech, a place where a freshly minted Ph.D. could step off the graduation stage and into a well funded lab. That narrative pulled people from across the country and around the world, including scientists who uprooted their lives to be near Kendall Square and the Longwood Medical Area. In CAMBRIDGE, Mass, the story of Jeremy Liew, a 31 year old who moved to Boston from the West Coast, captures how powerful that promise was and how stark the reality has become once the hiring cycle turned against him, a shift detailed in coverage of how Ph. D.s can’t find work as Boston’s biotech engine sputters.

Boston’s pitch was not just about jobs, it was about being at the center of a global research ecosystem where universities, hospitals, and startups fed off one another. That ecosystem still exists, but the assumption that it can absorb every qualified scientist has broken down. When people like Jeremy Liew arrive expecting a conveyor belt from Ph.D. program to biotech bench and instead encounter hiring freezes and rescinded offers, the gap between the old promise and the new reality becomes impossible to ignore.

From hiring frenzy to layoffs and stalled searches

The shift did not happen overnight, but the cumulative effect has been brutal for job seekers. Earlier in the pandemic era, companies raced to expand pipelines in oncology, gene therapy, and vaccines, and they hired accordingly. That cycle has now flipped, with the latest data showing that job losses in the sector continued through at least June and that hiring remained sluggish by the end of Sep, a pattern that has been described in detail as job losses continued while hiring stayed weak…

Story continues

TRENDING NOW

LATEST LOCAL NEWS