The Broad Institute of MIT and Harvard, one of the most prominent biotech research centers in the world, has laid off 87 employees, a spokesperson confirmed.
The layoffs came as a lucrative partnership with Microsoft was expected to conclude at the end of the year.
In an email to staff Thursday, Todd Golub, the Broad’s director, attributed the cuts to the “rapid pace of technological and scientific change [which] requires us to retool to stay ahead” in the institute’s field.
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