restructuring
Oncocyte Realigns Operations, Implements Cost Reduction Programs
The move, which includes layoffs, is expected to save the Irvine, California-based firm $12 million in operating costs in 2023.
Talis Biomedical Cutting Workforce by 35 Percent
The company added it is not commercializing its COVID-19 test while it reported a fivefold increase in its Q2 revenues.
Invitae to Lay Off Over 1,000 Workers Amid Restructuring, Leadership Transition
The company plans to eliminate non-core operations and focus on core business lines that generate sustainable revenue.
Myriad Genetics to Sell Vectra DA Business, Reorganize International Presence
The changes follow a strategic review and are part of the company's previously announced plans for growing its revenues and reducing costs.Â
Curetis to Cut 30 Percent of Workforce as Part of Strategic Restructuring
The company will rely more on distribution partners in Europe for its Unyvero product line while continuing highly targeted commercialization efforts in the US.
Mar 23, 2017
Interpace Dx Reaches Deal to Restructure Debt
Mar 9, 2017
GeneNews Settles With HDL Liquidating Trust
Feb 10, 2017
Great Basin Scientific Restructures, Cuts 50 Jobs
Jan 7, 2017
Cancer Genetics Lays Off Staff
Nov 2, 2016