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NEW YORK (GenomeWeb News) – Thermo Fisher Scientific eliminated 1,120 jobs in 2012, the company disclosed in its Form 10-K filed this week.

As a result, it incurred about $44 million of cash restructuring costs related to severance, it said in its document filed with the US Securities and Exchange Commission. As of Dec. 31, 2012, Thermo Fisher had about 38,900 employees globally.

The headcount reduction comes on top of 1,480 jobs that were eliminated in 2011.

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