By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Pacific Biosciences is laying off 130 employees, or 28 percent of its total workforce,it announced after the close of the market on Tuesday.

The layoffs are occurring companywide, but its R&D operations are most affected by the cuts, the Palo Alto, Calif.-based sequencing technology firm said in a document filed with the US Securities and Exchange Commission.

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The New York Times and ProPublica look into the close relationship between a startup and Memorial Sloan Kettering Cancer Center.

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