DoubleTwist Lays off 40 Percent of Its Staff, CEO Hands over Reins in Attempt to Cut Costs | GenomeWeb

Despite a string of new customer announcements during the second half of 2001, DoubleTwist fired 40 staff members last week in a drastic cost-cutting move, leaving the company’s staff — in the neighborhood of 200 people less than a year ago — at around 60.

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