Layoffs can have a significant impact on biopharma professionals, but it’s not always entirely negative, based on a recent BioSpace survey. It can take awhile for biopharma professionals to put a significant event like a layoff in context, according to Parker-Griffin. So far it’s been much better than working in a single company.”For one biopharma professional, severance freed them up to find their next role. Being laid off was the kick I needed to actually change jobs.”Not every biopharma professional went to work for another company. Looking at the Big PictureSome biopharma professionals saw value in getting laid off because the experience allowed them to evaluate their career paths and work-life balance.