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The company plans to lay off 145 employees at its Mountain View headquarters, as well as 15 in San Jose, 13 in Sunnyvale, and six in San Francisco.

PDI said that the workforce reduction would save $400,000 in December, and shave $1.9 million off of its annual operating costs going forward.

In a regulatory document, the company said the layoffs resulted from a restructuring plan to "emphasize growth initiatives." 

The majority of the charges were taken in the Life Sciences Solutions segment, "principally for severance obligations" to former employees and executives of Life Tech.

The firm also said that currency translation had a negative effect of $53 million last year.

The $51.7 million is up from $32.8 million Hologic took in similar charges in Fiscal Year 2013.

NEW YORK (GenomeWeb) – During its fiscal third quarter, Thermo Fisher Scientific took $12.8 million in charges related to severance, the company disclosed in its Form 10-Q filed recently with the US Securities and Exchange Commission.

NEW YORK (GenomeWeb) – Agilent Technologies this week updated its figures for headcount reduction and said that its subsidiary in India has borrowed $35 million for general corporate purposes on a short-term basis.

NEW YORK (GenomeWeb) – Thermo Fisher Scientific took $40.4 million in charges during the second quarter related to severance, the company disclosed in its Form 10-Q.

NEW YORK (GenomeWeb) – During the first quarter, Thermo Fisher Scientific recorded about $82.7 million in costs related to a reduction in its headcount and for severance obligations to former Life Technologies executives and employees, the company said in its Form 10-Q filed recently with the US

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Bioethicists disagree with a research team's decision to allow the return of risk results for adult-onset conditions from a newborn sequencing project, according to Reuters.

Alterations to particular gene may enable the Quechua of Peru to better tolerate high-altitude life, Ars Technica reports.

Nature News reports that additional South Korean researchers have included the names of children on scientific papers when they did not contribute to the work.

In PLOS this week: statistical approach to prioritize rare variant searches, gene expression alterations in chronic obstructive pulmonary disease, and more.