Sequenom to Lay Off 30 Staffers to Cut Costs | GenomeWeb

NEW YORK (GenomeWeb News) – Sequenom said today that it will lay off 30 employees — around 12 percent of its staff — in an effort to reduce costs.

In a statement, Sequenom said that "as a result of the continuing weak outlook in 2009 for capital equipment sales, particularly in the USA," it has carried out cost-cutting initiatives in its Genetic Analysis business "to ensure the unit remains financially strong and approaches cash flow breakeven."

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