Biotech, medical device company chops more than 1,000 Bay Area jobs

Biotech, medical device company chops more than 1,000 Bay Area jobs

NOVARK - According to official state labour filings, a biotech and medical device business that created a 15-minute COVID test kit has made the decision to eliminate more than 1,000 Bay Area employment. According to the WARN letters that Cepheid sent to the state Employment Development Department, 1,026 jobs will be lost in Northern California. The letters state that the layoffs will result in the loss of 1,003 jobs in the Bay Area. According to the WARN warnings, the job cuts will result in the termination of 746 employment in Newark, 256 in Sunnyvale, 1 in Santa Clara, and 23 in the city of Lodi in San Joaquin County. This translates to a loss of 1,026 jobs in Northern California. The largest batch of job cuts occurred at a Cepheid manufacturing facility at 7000 Gateway Blvd. in Newark, where 683 people were let go.

Related Offerings

Next Article

Did you find this useful?

Medigy Innovation Network

Connecting innovation decision makers to authoritative information, institutions, people and insights.

Medigy Logo

The latest News, Insights & Events

Medigy accurately delivers healthcare and technology information, news and insight from around the world.

The best products, services & solutions

Medigy surfaces the world's best crowdsourced health tech offerings with social interactions and peer reviews.

© 2022 Netspective Media LLC. All Rights Reserved.

Built on Dec 1, 2022 at 11:33am