Sigma-Aldrich Lays off 130 In Q3 | GenomeWeb

NEW YORK (GenomeWeb News) – Sigma-Aldrich laid off 130 employees during the third quarter as part of a restructuring plan, the St. Louis company disclosed in its Form 10-Q recently.

In the document filed with the US Securities and Exchange Commission, the company said that it committed to a restructuring plan during the third quarter to reduce its global headcount and further reduce its fixed cost structure. The cost of the restructuring is $5 million, of which $4 million was recorded in the quarter.

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