NEW YORK (GenomeWeb News) – Thermo Fisher Scientific eliminated 1,120 jobs in 2012, the company disclosed in its Form 10-K filed this week.

As a result, it incurred about $44 million of cash restructuring costs related to severance, it said in its document filed with the US Securities and Exchange Commission. As of Dec. 31, 2012, Thermo Fisher had about 38,900 employees globally.

The headcount reduction comes on top of 1,480 jobs that were eliminated in 2011.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

The Guardian discusses whether big science projects are worth the loss of resources available for other scientific pursuits.

An NEJM update from the ClinVar team highlights the difficulties of interpreting genetic variants.

In Nature this week: genomic analysis of high-grade serous ovarian cancer, and more.

The new Riken president outlines some of his plans for the institute.