restructuring
US Department of Health and Human Services to Lay Off 10K Workers in Restructuring
The move is part of the Trump Administration's Department of Government Efficiency, or DOGE, Workforce Optimization Initiative.
23andMe Q3 Revenues Rise but Firm Notes Liquidity Concerns
Savings from the 40 percent workforce reduction partially offset falling telehealth and PGS kit revenues, as well as lower average selling prices.
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.
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