Business

Cambridge biotech lays off 150 people as it winds down

Vor Bio, which has been around for about a decade, said the decision was based on “currently available clinical data from its key clinical programs and a challenging fundraising environment”

By Hannah Green • Published May 8, 2025 • Updated on May 8, 2025 at 2:15 pm

A Cambridge biotech is winding down operations and laying off the majority of its team.

About 150 employees are losing their jobs at Vor Bio (Nasdaq: VOR) after the biotech announced on Thursday it would explore strategic alternatives. The company, which has been around for about a decade, said the decision was based on “currently available clinical data from its key clinical programs and a challenging fundraising environment.”

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