(Kron) – On the same day, the Trump administration closed the regional office of the US Department of Health and Humanitarian Services in San Francisco, that it will reduce approximately 150 jobs in the Gulf region. Gilead Sciences, which is headquartered in the city of Foster on the peninsula, will drop 149 people, according to the Ministry of Employment Development.
The discounts in Gilead, which, in addition to HIV medications, develop treatments for liver, cancer and infections, come in heels for collective function discounts in the HHS SF regional office. The office, which is located in the spokesperson of Nancy Pelosi, was home to the Ryan White HIV/AIDS program.
Gilead was in the LenacAPAVIR proposal, a group of injections twice of injection aimed at providing almost full protection against HIV infection, or a form or treatment known as Prevention before Exposure (Prep).
There was speculation that the federal budget discounts in the Trump administration led by Elon Musk, the unofficial and informal president of the Ministry of Government efficiency (DOGE) could affect HIV drugs, leading to a decrease in Gilead stock prices last month.
However, according to the San Francisco Business Times, the CEO of Gilead Science Dan O’Day received a 5 % increase in wages last year, as a wage package increased from 22.6 million dollars to $ 23.7 million.
This is the second round of the workers’ important demobilization announced by Gilead in the past six months. In November, the company reduced 104 jobs at its headquarters in the city. These job cuts, according to the state’s presentation, came into effect last month.
The latest GileAd demobilization was set to become valid at the end of May, according to the state’s presentation.