---
title: "Atara rises on plan to lay off staff"
description: "** Cell therapy developer Atara's shares rise 5.1% to $14.69, its highest in more than eight months** Co to lay off 29% of staff, retaining about 15 employees** ATRA expects to complete cuts by Jan 20"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260186569.md"
published_at: "2025-10-07T16:10:33.000Z"
---

# Atara rises on plan to lay off staff

> ** Cell therapy developer Atara's shares rise 5.1% to $14.69, its highest in more than eight months** Co to lay off 29% of staff, retaining about 15 employees** ATRA expects to complete cuts by Jan 2026 ** Co expects ~$1.3 mln in layoff costs related to severance and other benefits ** Company says more charges may arise depending on events tied to layoffs** Including session's move, stock up ~10% YTD

\*\* Cell therapy developer Atara's shares rise 5.1% to $14.69, its highest in more than eight months

\*\* Co to lay off 29% of staff, retaining about 15 employees

\*\* ATRA expects to complete cuts by Jan 2026

\*\* Co expects ~$1.3 mln in layoff costs related to severance and other benefits

\*\* Company says more charges may arise depending on events tied to layoffs

\*\* Including session's move, stock up ~10% YTD

### Related Stocks

- [ATRA.US - Atara Biotherap](https://longbridge.com/en/quote/ATRA.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.