Boston Business Journal

Boston biotech firm lays off 25% of its staff, cuts CEOs salary

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Cue Biopharma Inc. has laid off employees as it focuses resources on its autoimmune programs.

The Boston biotech said Thursday afternoon that it had reduced its staff by about 25%, impacting research, development and general and administrative roles. These cuts and the company’s other “operational efficiencies” are expected to extend its runway into mid-2025.

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