A South Coast biotech giant is making changes which will affect hundreds of jobs, leading to job transfers and some layoffs.
Amgen notified nearly 500 of its employees this week that they will impacted. Some workers will be reassigned to facilities in Tampa Bay, Florida, Cambridge, Massachusetts, and South San Francisco. Others will stay in Thousand Oaks, but in different capacities.
The shift is expected to be a gradual one, taking place over the next year and a half. Those impacted will be offered comprehensive benefits packages.
Amgen officials say Thousand Oaks will continue to be Amgen’s global headquarters, and a key research site.
The shifts are intended to centralize some of the company’s specific functions to improve efficiency.