restructuring
The company also said that its Diagnostics and Genomics revenues were down 1 percent during fiscal Q4, although its overall revenues were up slightly.
Agilent Reorganizes Business Units
The company said it is pairing its diagnostics and life sciences businesses to support growth and focus on shared end markets and customers.
23andMe to Lay Off 40 Percent of Workforce, End Therapeutics Program as Q2 Revenues Dip 12 Percent
Declining PGS kit sales and telehealth orders drove falling consumer services revenues as the company announced a massive restructuring to reduce costs.
Grail to Cut Headcount by 30 Percent in Restructuring, Reports 43 Percent Q2 Revenue Rise
Reporting its financial results as a separate company for the first time since its spinoff from Illumina, Grail said the restructuring will save it $27 million this year.
Genetic Technologies Restructures Business to Reduce Cash Burn, Focus on US Growth
The firm's current CEO will also leave the company in September as a result of the changes.
Jun 26, 2024
Agilent Laying off 184 California Employees
Feb 14, 2024
Invitae Files for Chapter 11 Bankruptcy Protection
Nov 8, 2023
Invitae Posts 9 Percent Q3 Revenue Decline
Jan 31, 2023