Vertex to lay off 125 employees in R.I., consolidate offices
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Nina Devlin, a spokesperson for Vertex, confirmed to the Globe on Wednesday that once the positions are terminated, there will be a total of approximately 60 employees remaining in Rhode Island.
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'We value the contributions of every team member impacted, and we are committed to ensuring as smooth a transition as possible, including offering severance, outplacement support, and career counseling,' Devlin said in a statement.
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The layoffs come as a blow to the state's life sciences sector, which local officials
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Vertex most recently announced it would
As a result, 'certain roles related specifically to the VX-264 program have been eliminated,' according to Devlin.
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'Vertex remains committed to bringing transformative therapies to people living with [type 1 diabetes] and to progressing our cell therapy program, zimislecel (VX-880), which is in Phase 3 development,' Devlin said.
The company currently operates out of three Providence buildings. Vertex plans to soon consolidate its operations into its site at 225 Carolina Ave. in Providence.
A publicly traded company, Vertex's headquarters are based in both Boston and London.
Outside of Rhode Island, Vertex is one of the biomedical companies seeing bright spots in a time of uncertainty as it earned
Alexa Gagosz can be reached at
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2 days ago
- Boston Globe
Mass. Black therapists trying to diversify the workforce face an uphill battle
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Related : Advertisement The societal costs are immense. The experienced these symptoms at higher rates, said Gemima St. Louis, vice president for workforce initiatives and specialty training and clinical psychology professor at Williams James College in Newton. As the mental health crises that COVID-19 drew out persist, stakeholders worry the behavioral health workforce won't be able to meet this rising demand with culturally competent care. 'We have a workforce that is insufficient, a workforce that lacks the diversity that is represented in the communities that have the greatest needs for mental health services,' St. Louis said. Related : Advocates are introducing measures to tackle the representation gap at its root. Clinicians working in underserved communities can have some of their student debt covered through The people working to diversify the behavioral health workforce are chipping away at a profession that has historically been for white and affluent individuals. 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Yahoo
3 days ago
- Yahoo
North America $975+ Mn Wireless Gas Detection Market Forecast and Opportunities 2020-2024 & 2025-2030F
The North America Wireless Gas Detection Market offers promising opportunities driven by increased industrial safety regulations and compliance demands, particularly in sectors like oil and gas. Adoption is boosted by the integration with cloud-based analytics for enhanced monitoring and trend forecasting, despite high initial costs. North American Wireless Gas Detection Market Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "North America Wireless Gas Detection Market, By Country, Competition, Forecast and Opportunities 2020-2030F" report has been added to North America Wireless Gas Detection Market was valued at USD 740.25 Million in 2024, and is expected to reach USD 975.47 Million by 2030, rising at a CAGR of 4.71% This market involves the use of wireless sensor systems designed to detect harmful gases in industrial and commercial settings, transmitting data in real time without wired connections. 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We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Wireless Gas Detection Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Boston Globe
3 days ago
- Boston Globe
Fall River plows forward amid tariffs and harsh immigration policies
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