Biotech company in Bay Area, previously valued at $2 billion, cuts staff and closes facility.
At the beginning of the year, Sutro had a workforce consisting of 310 full-time employees and an additional 28 full-time contract employees, as reported in a recent SEC filing. This data sheds light on the size and composition of the company’s staff, revealing the extent of its human resources.
Having 310 full-time employees indicates that Sutro operates with a considerable workforce dedicated to its operations. These employees are likely spread across various departments and play integral roles in the day-to-day functioning of the company. With a larger team, Sutro is able to handle a wide range of tasks and projects, ensuring that its operations run smoothly and efficiently.
The presence of 28 full-time contract employees further adds to the company’s workforce, indicating that Sutro engages external talent to complement its internal team. These contract employees may bring specific expertise or skills to the table, assisting with specialized projects or tasks that require additional resources. By utilizing contract employees, Sutro is able to access a diverse pool of talent to support its operations.
The combination of full-time and contract employees demonstrates Sutro’s commitment to building a skilled and versatile workforce. By investing in human resources, the company is able to leverage the strengths and capabilities of its employees to drive growth and innovation. A well-rounded team allows Sutro to adapt to changing market conditions, address challenges effectively, and seize opportunities for development and expansion.
Overall, the composition of Sutro’s workforce reflects a strategic approach to staffing and resource management. With a blend of full-time and contract employees, the company is able to maximize its human capital and tap into a broad spectrum of talent and expertise. This diversified workforce positions Sutro for success and sustainability in a competitive business environment, enabling the company to thrive and flourish in its industry.
