Biofourmis axes staff again, including 45 in Singapore; healthtech vacating office here: sources

HEALTHTECH unicorn Biofourmis is conducting a second major round of layoffs affecting around 45 staff in Singapore and at least 85 staff globally, sources familiar with the matter told The Business Times (BT).

This comes some three months after the company laid off about 120 employees across the three cities where it operates – Singapore, Boston and Bengaluru.

Biofourmis will also be vacating its office space in Singapore by December, with the remaining employees working from home permanently, according to sources. Its listed business address is an office space in Vision Exchange at Jurong East.