Boston Business Journal

Ginkgo job cuts to hit at least 35% of workforce; as many as 400 jobs to be cut

Gary Higgins/Boston Business Journal

After beginning companywide layoffs last week, Ginkgo Bioworks Holdings Inc. has disclosed the scope of its ongoing job cuts, which number into the hundreds.

Ginkgo, a Boston-based cell programming and biosecurity company, plans to lay off at least 35% of its workforce, according to a securities filing after markets closed on Monday. 

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The Boston company reported 1,218 employees as of December 31, 2023, meaning as many as 400 employees could be let go. 

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