More Kerfuffle At Illumina. This Time, It Is Job Cuts

The company is shrinking its work force and real estate footprint in a bid to save money.

Illumina plans to lower its yearly running costs by approximately $100m over the course of 2023, with reductions in headcount accounting for most of the planned savings, according to a 21 June 8K report filed with the US Securities and Exchange Commission.

The sequencing company’s workforce stood at just over 10,000 people, according to prior filings this year, and it is rumored that

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