Biotech Giant Amgen (Jobs) to Cut 675 Thousand Oaks Jobs

In the latest economic jolt to the region, beleaguered biotech giant Amgen Inc. said Monday that it will lay off about 8 percent of the company's 8,300 Thousand Oaks workers this fall. The 675 layoffs at the company's headquarters were roughly what had been expected, and make up nearly half of the 1,500 Amgen jobs that will be trimmed nationwide and in Puerto Rico.

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