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Helicos to Lay Off 30 Percent of Workforce to Cut Costs; Retracts Order Guidance
 
Helicos BioSciences plans to reduce its workforce by approximately 30 percent in a bid to cut costs, the company disclosed in a filing with the US Securities and Exchange Commission last week.
 
In the filing, Helicos said that the layoffs, which will occur in the current quarter, are intended to reduce its operating costs and “direct its resources to continue advancing towards the company’s near term goals.”

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