7% or 130 employees laid off. Stock down about 80% from 2021, tough times for all the NGS diagnostics labs these days. https://www.genomeweb.com/business-news/guardant-health-lays-7-percent-workforce
Their hiring scene is pretty bad, to begin with. Very inexperienced people who have no history of product development and delivery seem to be rapidly promoted to very senior leadership roles. Pretty sketchy. They seem to hire a *lot* of paper super-stars (PhDs, even recent graduates with barely 5 years of total experience in leadership roles). This had to happen.
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who was primarily impacted, any SWEs or SW managers?
Not sure, but it’s possible. R&D, bioinformatics, sales teams impacted. Not much detail shared publicly.