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Tempest lays off 80% of workforce to ride out cash crunch
Tempest Therapeutics is hunkering down to weather the storm that has engulfed its operations. Days after starting to look for partners, the company has moved to lay off 21 of its 26 full-time employees to stretch its limited cash reserves.
Tempest Therapeutics is hunkering down to weather the storm that has engulfed its operations. Days after starting to look for partners, the company has moved to lay off 21 of its 26 full-time employees to stretch its limited cash reserves.
