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Restructuring watch

Restructuring watch

Date Company Staff cuts Cash Years cash pre-cut Cash date 1Q10 operating loss
4/7/10 TopoTarget A/S (CSE:TOPO) 17% to 40 $51.9 NA 3/31/10 Profitable
Cuts are from research and preclinical development; expects annual savings of about $1.1-$1.3M
4/19/10; 6/1/10 CombiMatrix Corp. (NASDAQ:CBMX) Not disclosed $13.5 0.91 3/31/10 $3.7
Focusing exclusively on building

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