November 19, 2024
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Atara announces plan to cut workforce by 20%

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NOTE: This article was revised on Aug. 10 to include Atara's statement that it will lay off 77 employees. Shares of Atara Biotherapeutics shot up 29% on Aug. 9, the day after the company said it will eliminate 20% of its workforce so it can fund its operations into 2024. According to Atara’s second quarter…

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