Guardant Health confirmed on Wednesday that it had laid off approximately 7% of its workforce, or approximately 130 people.
According to terminated employees who posted on LinkedIn, the layoffs affected a variety of departments, including account management, bioinformatics, and technology development. According to a former employee who wishes to remain anonymous, the latter group has undergone significant restructuring.
Guardant Health confirmed the extent of the workforce reduction in a statement, citing the need to balance innovation with “financial discipline and focused execution” in the current economic environment, but did not specify which positions or industries were affected.
