Affymetrix to Lay off 100 in Restructuring; Reports Preliminary Q4 Revenue of $84M | GenomeWeb

NEW YORK (GenomeWeb News) — Affymetrix on Tuesday said that it plans to lay off more than 100 employees, or around 8 percent of its workforce, in a restructuring effort expected to save the firm around $25 million on an annualized basis.

The company also reported preliminary fourth-quarter 2012 revenue of $84 million, in line with consensus analyst estimates. Total revenue included $18 million from its eBioscience business unit, which it acquired for $315 million last year.

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