Restructuring watch

Restructuring watch

Restructuring watch
No fewer than 12 companies reduced their workforce during the quarter, up from the nine in the same period in 2005. (A) Profitable; (B) Operating loss for FY ended Sept. 30, 2006; (C) 9-month net loss figure; Cash and loss figures in $M; NA = Not applicable
Date Company Staff cuts Cash Years cash pre-cut Cash date 9 mo oper loss through 9/30/06
10/5/06 Nanogen (NGEN) 15% to 250 $32.8 0.7 9/30/06 $37.6

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