STAT+: Illumina to lay off 10% of research and development team in bid to cut costs by $100 million
STAT
JUNE 26, 2023
SAN DIEGO — Months after announcing plans to cut costs by $100 million, DNA sequencing giant Illumina has begun to lay off 10% of its research and development team, according to internal emails obtained and reviewed by STAT. Barnard’s note mentions that all affected employees have already been notified.
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