Pleasanton, California-based 10x Genomics, a biotechnology company that designs and manufactures gene sequencing technology used in scientific research, has laid off approximately 8% of its workforce.
The layoffs will impact 100 employees.
According to co-founder and CEO Serge Saxonov, "We took this action to make us more resilient in the current environment and put us on a path to become a sustainable business. While all teams and locations were affected by yesterday’s actions, there was less impact in R&D and field-based customer-facing roles."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?