Restructuring watch
By BC Staff | Jan 1, 2007 | 8:00 AM GMT
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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