About 31 employees are affected, according to Kezar Life Sciences, Inc.'s latest layoff filing, on November 7, 2025. As of November 6, 2026, Kezar Life Sciences, Inc. has reported this one exit or restructuring plan to the SEC on Form 8-K under Item 2.05. No WARN notice under its name is on file in the states covered here (Form 8-K, November 7, 2025).
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Kezar Life Sciences, Inc. reported 1 exit or restructuring plan on Form 8-K under Item 2.05, 1 of 1 stating how many employees or positions are affected. Each fact below is the filing's own sentence, quoted and linked. No WARN notice under this company's name is on file in the states covered here.
Did Kezar Life Sciences have layoffs in 2025? What its filings say
Kezar Life Sciences, Inc. (CIK 1645666) reported 1 exit or restructuring plan to the SEC on Form 8-K under Item 2.05. The sentences below are quoted from the filings as written.
Form 8-K filed 2025-11-07
Employees affected
On November 6, 2025, Kezar Life Sciences, Inc. (the "Company") implemented a restructuring plan pursuant to which the Company will reduce its workforce by approximately 31 employees, or approximately 70%.
Expected charges
The Company estimates that it will incur cash expenditures of approximately $6.0 million, consisting primarily of one-time severance payments, benefits and other related costs.
Also on the record for Kezar Life Sciences, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| May 28, 2026 | Stake report, Schedule 13G/A, by Baselake Partners, LP | — | 5%+ stakes | Source |
| May 13, 2026 | Stake report, Schedule 13D/A, by TANG CAPITAL MANAGEMENT, LLC | — | 5%+ stakes | Source |
| May 12, 2026 | Stake report, Schedule 13G/A, by Baselake Partners, LP | — | 5%+ stakes | Source |
| May 12, 2026 | Stake report, Schedule 13G/A, by BML Investment Partners, L.P. | — | 5%+ stakes | Source |
| May 11, 2026 | Acquired by Aurinia Pharma U.S., Inc. | — | Acquisition | Source |
| May 11, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
| April 6, 2026 | Stake report, Schedule 13G, by Baselake Partners, LP | 5.3% of the class | 5%+ stakes | Source |
| April 3, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
| April 1, 2026 | Stake report, Schedule 13D/A, by TANG CAPITAL MANAGEMENT, LLC | 9% of the class | 5%+ stakes | Source |
| February 13, 2026 | Stake report, Schedule 13G/A, by Stonepine Capital Management, LLC | 2.1% of the class | 5%+ stakes | Source |
| February 9, 2026 | Stake report, Schedule 13G/A, by BML Investment Partners, L.P. | 9.8% of the class | 5%+ stakes | Source |
| November 14, 2025 | Stake report, Schedule 13G/A, by Avidity Partners Management LP | — | 5%+ stakes | Source |
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More on Kezar Life Sciences, Inc. and the records around it.
Kezar Life Sciences, Inc. elsewhere on the record
- Acquisition May 2026
Companies that share a holder
- Avidity Partners Management LP also filed stake reports on 5 other companies: Context Therapeutics Inc. (May 2026), Immunic, Inc. (Apr 2026), Perspective Therapeutics, Inc. (Mar 2026)
- Baselake Partners, LP also filed stake reports on 7 other companies: KIORA PHARMACEUTICALS, INC. (Sep 2026), Passage Bio, Inc. (Jun 2026), Generation Bio Co. (Feb 2026)
- BML Investment Partners, L.P. also filed stake reports on 15 other companies: LENZ Therapeutics, Inc. (Nov 2026), Seer, Inc. (Nov 2026), Connect Biopharma Holdings Ltd (Oct 2026)
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Public companies must also report to the SEC, on Form 8-K under Item 2.05, when they commit to an exit or restructuring plan that will cost them material charges, which is how most large layoffs and closures by listed companies are disclosed. Those filings are national, so they cover companies in every state. Each sentence shown from one is quoted exactly and linked to the filing; where a filing does not state a figure, none is shown.
Where this comes from
Employers covered by the federal WARN Act, and by the stricter laws some states add, must give written notice before a mass layoff or a site closure. The state labor department publishes those notices. Every row here is one of them, taken from that state's own published file and linked to it, so each figure can be checked at the source.
A notice states the employer, the location, the number of employees affected, and when the layoff or closure takes effect. It does not state a reason, and neither does this page. Where a company also appears in SEC filings under the same name and in the same state, its recorded fundraising is shown alongside, as a matter of record rather than as an explanation. New Jersey and Pennsylvania list a notice under the month it was posted or received, not the day, so their notices show a month. Tennessee gives the county rather than the city.
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https://mentionfox.com/layoffs/kezar-life-sciences