At least 10 companies reduced their workforces in 1Q13, compared to at least nine in the same period last year. All cash and operating loss figures in $M. (A) 12-month net loss at Dec. 31, 2012; (B) Nine-month operating loss at Sept. 30, 2012; (C) 12-month operating loss at Sept. 30, 2012

Date

Company

Staff cuts

Cash

Yrs cash pre-cut

Cash date

12-mo op loss ended 12/31/12

1/8/13

Affymetrix Inc. (NASDAQ:AFFX)

8%

$35.7

0.91

12/31/12

$39.1

Reducing global workforce; plans to generate annual savings of about $25M; Affymetrix had about 1,100 employees at YE12

1/22/13

Hologic Inc. (NASDAQ:HOLX)

Not disclosed

$720.6

NA

12/29/12

Profitable

Restructuring diagnostics segment as part of the integration of Gen-Probe Inc., which Hologic acquired last August; cuts in Gen-Probe and its legacy diagnostics business coming from R&D, sales, marketing and G&A functions; remains on track to realize over $40M in cost synergies by the end of the first year following the Gen-Probe acquisition and an additional $35M by the end of the third year