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Provider: Thomson Reuters Stock Report
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Affymetrix Inc To Slash 100 Jobs-Reuters

Tuesday, 8 Jan 2013 06:11pm EST 

Reuters reported that Affymetrix Inc will slash more than 100 jobs, or 8% of its workforce, as part of a plan to help it return to profit. Affymetrix said the restructuring is likely to result in annualized savings of about $25 million, and it will take a charge of about $7 million, majority of which will incurred in the first quarter of 2013. 

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0.01 +0.10%
19 Dec 2014