A maker of rapid coronavirus tests has revealed plans to chop several hundred jobs in the Bay Area.
SUNNYVALE — A maker of rapid coronavirus tests has revealed plans to chop several hundred jobs in the Bay Area, a grim disclosure that suggests tech and biotech layoffs in the region have yet to run their course.
Cepheid, a medical devices and biotech company, has told state labor officials that it has decided to cut 625 in the Bay Area, according to official government filings. The layoffs will affect Cepheid workers in Sunnyvale, Newark, Fremont and Santa Clara, WARN notices the company sent to the state Employment Development Department show.
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