Thread regarding Fluidigm Corp. layoffs

Sales team is getting trimmed tomorrow. expect a 30% reduction in all departments as the company is bleeding cash and investors.

New CEO is being steered by new leaders that have no experience in the space Fluidigm has carved out, instead they are reaching for a market that is difficult and they lack a product fit. Too bad... it had great potential.

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Post ID: @OP+LJ2R1Wa

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Too much debt, low revenue per employee. Drastic 30-40% layoffs are inevidable.

Post ID: @2Xppt+LJ2R1Wa

Could this be a sign of the company being prepared for acquisition?

Post ID: @6mxu+LJ2R1Wa

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