Sutro slashes workforce in half, changes CEO and closes factory

Sutro Biopharma is reducing its headcount by 50%, appointing a new CEO, shutting down its only factory, and shifting away from its lead candidate. The major reshuffle is intended to save cash, which the company ...

Mar 14, 2025 - 13:35
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Sutro slashes workforce in half, changes CEO and closes factory
Sutro Biopharma is reducing its headcount by 50%, appointing a new CEO, shutting down its only factory, and shifting away from its lead candidate. The major reshuffle is intended to save cash, which the company ...