layoffs
Quantum-Si Laying off 12 Percent of Workforce
The restructuring is intended to decrease costs and streamline the firm, and comes as it begins commercializing its Platinum protein sequencing platform.
Guardant Health Lays off 7 Percent of Workforce
In a statement, Guardant Health cited the need to balance innovation with "financial discipline and focused execution" in the current economic environment.
Personalis to Lay off up to 30 Percent of Workforce
The company estimated that the reduction will save it approximately $17 million in operating costs for the remainder of this year.
Lucid Diagnostics Lays Off 20 Percent of Workforce in Business Reprioritization
The PAVmed subsidiary is also streamlining its product portfolio and implementing other cost-cutting measures to lower its quarterly cash burn.
Biocept to Lay Off 35 Percent of Staff, Explore Strategic Alternatives
The company is hoping to preserve its cash runway and find a way to derive some value for its shareholders from its cerebrospinal fluid assay CNSide.