Vertex to lay off 125 employees in R.I., consolidate offices
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Nina Devlin, a spokesperson for Vertex, confirmed to the Globe on Wednesday that once the positions are terminated, there will be a total of approximately 60 employees remaining in Rhode Island.
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'We value the contributions of every team member impacted, and we are committed to ensuring as smooth a transition as possible, including offering severance, outplacement support, and career counseling,' Devlin said in a statement.
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The layoffs come as a blow to the state's life sciences sector, which local officials
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Vertex most recently announced it would
As a result, 'certain roles related specifically to the VX-264 program have been eliminated,' according to Devlin.
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'Vertex remains committed to bringing transformative therapies to people living with [type 1 diabetes] and to progressing our cell therapy program, zimislecel (VX-880), which is in Phase 3 development,' Devlin said.
The company currently operates out of three Providence buildings. Vertex plans to soon consolidate its operations into its site at 225 Carolina Ave. in Providence.
A publicly traded company, Vertex's headquarters are based in both Boston and London.
Outside of Rhode Island, Vertex is one of the biomedical companies seeing bright spots in a time of uncertainty as it earned
Alexa Gagosz can be reached at
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Boston Globe
5 hours ago
- Boston Globe
Is being ‘big' and ‘beautiful' enough for Trump's signature bill?
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If nothing else, then, the bill's title reveals something essential about today's GOP: that what Trump says — or, in this case, says over and over and over — goes. Within the Republican ranks, there's little concern about the branding posing any messaging challenge. In interviews with the Globe, many said it was all but inevitable. Representative Doug LaMalfa of California said Trump used the 'big beautiful bill' phrase so much that 'it becomes the thing, and then our team picks up on it, and, you know, make sure he's happy with it and stuff, and so you just keep going with it.' To others, Trump's imprimatur is the point. 'No bill can get passed unless the president of the United States signs it,' said Representative Kevin Hern of Oklahoma, an influential ally of Trump's. 'He's done a yeoman's amount of work in making sure this bill happens, and I think he deserves the opportunity to name the bill.' The question of a bill's name or branding might seem trivial compared to actual provisions that are studied and debated for their potential impact on Americans' lives. The legislation that Advertisement But both parties historically take the opportunity provided by a name to underscore what they most want the public to know about their proposals. That can be meaningful in shaping opinion, said Lunna Lopes, a polling expert at KFF, a nonpartisan health policy organization that has surveyed attitudes on the GOP bill. If all people know is the name, she said, it 'can kind of sway some of that favorability and perception of the legislation.' Not every Republican is necessarily on the big, beautiful bandwagon. Among some GOP lawmakers, there was plenty of ambivalence — possibly even a touch of chagrin — over the name. 'I didn't name the bill,' said Representative Brian Fitzpatrick of Pennsylvania, a leading GOP centrist. 'I don't get into naming bills, I care about the policy inside of it. And we'll see where it all ends.' Representative Dusty Johnson of South Dakota argued that Congress is prone to 'probably overthink bill names too much.' 'The ecosystem is going to call it what the ecosystem is going to call it,' he said. 'People would be calling this One Big Beautiful Bill regardless of what page one of the bill says.' But Democrats certainly see this bill's title as another example of congressional Republicans ceding even more of their identity and authority to Trump. 'I always thought it was interesting that they named their bill not after its contents or its public purposes, but after its looks and its size,' said Representative Jamie Raskin of Maryland. 'That's a very strange way to describe a legislative product, but it's obviously paying homage to Donald Trump, who now defines everything for the Republican Party.' 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Associated Press
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- Associated Press
Bitcoin Solaris Presale Surges Past $5M as Phase 9 Begins, Offering Early Investors a 150% Upside Before July Launch
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Boston Globe
18 hours ago
- Boston Globe
RMV's answer to unpaid tolls amounts to debtor's prison
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