Ginkgo Bioworks Layoffs Expand to 400 Job Cuts
DNAGinkgo Bioworks (DNA) Investor Place·2024-06-27 00:29

Ginkgo Bioworks (NYSE:DNA) layoffs continue today with the cell programming company announcing additional job cuts. The latest update to the Ginkgo Bioworks layoffs reveals that the company is planning to cut at least 35% of its workers. That comes to roughly 400 employees based on its last total headcount of 1,218 people. Ginkgo Bioworks notes that these layoffs are part of a restructuring plan. This will see some of the job cuts happening in 2025 as it continues to alter its business. However, the initial ...