Illumina Layoffs
August 2023
Illumina announced a layoff affecting 151 employees in August 2023. The company operates in the Healthcare sector.
151
Aug 17, 2023
About
San Diego-based DNA sequencing leader Illumina laid off 151 employees at its headquarters and a nearby site, effective August 14, 2023. This is part of a broader cost-cutting plan to reduce annual expenses by over $100 million. The layoffs, primarily affecting manufacturing, engineering, and talent acquisition roles, represent a small fraction of its global workforce of 10,200. This action occurs amidst company turmoil, including a CEO resignation, a proxy fight, and ongoing legal battles over its contested acquisition of Grail, which regulators have ordered it to divest.
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