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 j ...