Thermo Fisher Eliminates 315 Jobs, Records $18.2M in Charges | GenomeWeb

NEW YORK (GenomeWeb News) – Thermo Fisher Scientific took charges of $18.2 million during the first quarter associated with a reduction in headcount of about 315 employees, the company said in its Form 10-Q this week.

The charges are cash costs related to headcount reductions and facility consolidations and consisted of severance to the employees who were laid off. It is unclear whether all 315 layoffs occurred in the first quarter ended March 31, however.

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