Written by the Trebla Team · Published March 29, 2026
If December taught us anything, it's that the 2026 hiring cycle has already started. Teams that waited for a clean January reset quickly found themselves competing for the same senior regulatory and clinical leaders as everyone else. The good news? There's still plenty of talent to go around. The better news? We know most of them.
Trends
M&A activity in biotech has slowed, but it isn't frozen (unlike the rest of us!). Different from past years of headline-grabbing mega-acquisitions, January's M&A landscape is defined more by smaller, "surer", strategic moves. This month's deals include:
Deepens immunology and allergy capabilities with a Phase 2b anti-IgE asset that could compete in prophylactic allergy space.
Adds clinical-stage inflammation and immunology programs that dovetail with Lilly's broader immunology ambitions.
M&A activity mirrors JPM outcomes this year. The loudest theme coming out of the conference wasn't new science; it was execution. Companies are narrowing their focus, prioritizing assets closest to value creation, and aligning talent accordingly.
What that means for hiring:
January marks the start of a new fiscal year, but not a new market — 9 biotech companies announced layoffs this month. Here's the list we thought you'd find most useful:
Plans to release 90 employees starting March 8.
Reduced roughly half the workforce to focus resources on its Phase III program.
Reducing ~15% to streamline portfolio and leadership.
Confirmed layoffs in attempt to extend its cash runway and concentrate on its Phase I asset.
Disclosed a layoff impacting around 243 field-based employees, primarily neuroscience commercial roles.
Diving Deeper into January
Crowned Candidates
Active Searches
New to Our Tribe
Clinical-stage oncology company focused on targeted cancer therapies, including next-gen ADCs, with multiple assets in development.
A private clinical-stage biotech developing next-generation platelet-derived therapies to address critical unmet needs in hemostasis and acute bleeding.
T R I B E
Brandon made the most of the freezing temperatures, braving the top of Mt. Keystone with a –13° windchill. Meanwhile, Nat and Dakota briefly escaped the cold and headed to California for JPM. Great to see everyone!