ABI to Lay Off 250 Staffers in R&D,
Marketing, Operations; Plans to Hire Elsewhere

Applied Biosystems plans to lay off around 250 employees and to close undisclosed facilities — "primarily" referring to R&D, marketing, and operations.

The move, part of ABI's ongoing reorganization, will cost the company between $20 million to $22 million in a pre-tax charge in the fourth quarter of fiscal 2005 to cover costs of employee severance and "facilities closure," ABI said in a statement.

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