Pacific Biosciences Of California, Inc. layoffs
Yes. Pacific Biosciences Of California, Inc. has filed 4 SEC 8-Ks with Item 2.05 (exit or disposal costs) since 2023. The most recent, on Aug 5, 2026, described a cut of about 8% of its workforce.
Check PACB layoff riskSEC filings since 2023
- Aug 52026
Pacific Biosciences Of California to cut about 40 jobs (8% of workforce)
Pacific Biosciences Of California, Inc. (PACB) · filed 14 weeks agoOn July 30, 2026, the Board of Directors (the "Board") of the Company approved a restructuring plan to continue to better align the Company’s organizational structure and resources with its strategic initiatives. The restructuring includes operating expense reductions and a reduction in force (the "Reduction in Force").
- Apr 92025
Pacific Biosciences Of California discloses a workforce reduction
Pacific Biosciences Of California, Inc. (PACB) · filed 83 weeks agoOn April 9, 2025, the Company announced a plan to reduce its annualized non-GAAP operating expense run rate costs of approximately $45 million to $50 million. In connection with the plan, the Company estimates that it will incur approximately $5 million in 2025, consisting primarily of employee severance and benefit costs, which will be future cash expenditures.
- Aug 72024
Pacific Biosciences Of California discloses a workforce reduction
Pacific Biosciences Of California, Inc. (PACB) · filed 118 weeks agoOn April 16, 2024 Pacific Biosciences of California, Inc., a Delaware corporation (the "Company") filed a Current Report on Form 8-K regarding a plan to reduce its annualized run-rate operating expenses to better align its organizational structure and resources with its strategic initiatives (the "Expense Reduction Plan").
- Apr 162024
Pacific Biosciences Of California files a restructuring plan
Pacific Biosciences Of California, Inc. (PACB) · filed 134 weeks agoOn April 16, 2024, the Company announced a plan to reduce its annualized run-rate operating expenses on a non-GAAP basis by $50 million to $75 million by the end of 2024 in relation to the Company’s prior guidance of 5% operating expense growth.
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