Agilent Technologies has begun implementing a plan to cut approximately 400 jobs and close a number of its facilities by the end of the 2024 fiscal year, according to a 10-K form the company filed with the U.S. Securities and Exchange Commission (SEC).
In the SEC report, available on the firms website, the company said that the 400 positions represent approximately 2% of its global workforce and that all three of its business segmentsthe Diagnostics and Genomics Group, Life Sciences and Applied Markets Group, and CrossLab Groupwill be affected.
Agilent noted that the majority of the layoffs are expected to take place in the first quarter of 2024, but that it expects to substantially complete the restructuring program by the end of fisc…
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