Gene Logic to Lay Off 80 as Part of Genomics Division Restructuring | GenomeWeb
NEW YORK (GenomeWeb News) — Gene Logic said today that it will lay off approximately 80 employees in its genomics division by Oct. 5 as it restructures the unit.
 
The company announced the restructuring in June when it said the genomics division revenues would be "significantly lower" than anticipated for both the second quarter and the full year of 2006. Gene Logic withdrew its financial guidance for 2006 and 2007 as a result.
 

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