Corporate Complicity Index
CCI

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Company Directory - Beam Therapeutics Inc.

Company Details - Beam Therapeutics Inc.

Beam Therapeutics Inc.

Website

Cambridge, USA

NASDAQ: BEAM 

Beam Therapeutics Inc. is a biotechnology company focused on advancing precision genetic medicines through innovative base editing technology. The company aims to transform the treatment of genetic diseases by developing therapies that directly repair pathogenic mutations at the DNA level.

CCI Score

CCI Score: Beam Therapeutics Inc.

-43.03

0.03%

Latest Event

Layoffs and Strategic Restructuring at Beam Therapeutics

Beam Therapeutics announced a major layoff affecting 20% of its workforce as part of a strategic refocusing on select clinical programs. This move raises concerns regarding the company’s commitment to worker rights and ethical labor practices.

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TOADIE

Beam Therapeutics Inc. is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • OCT
    19
    2023
    Layoffs and Strategic Restructuring at Beam Therapeutics

    -43.03

    Beam Therapeutics announced a major layoff affecting 20% of its workforce as part of a strategic refocusing on select clinical programs. This move raises concerns regarding the company’s commitment to worker rights and ethical labor practices.

  • -50

    Labor Relations and Human Rights Practices

    March 25

    The layoff of 100 employees, constituting 20% of Beam Therapeutics' workforce, represents a significant negative impact on labor relations. Such drastic measures raise concerns about the company’s regard for employee welfare and fair labor practices, reflecting poorly on its business ethics and contributing to broader issues of economic disenfranchisement.

    Beam Therapeutics lays off staff, adjusts research focus

Industries

325414
Biological Product (except Diagnostic) Manufacturing
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
621511
Medical Laboratories