Layoffs Hit Raleigh's LipoScience, Inc.

LipoScience is axing jobs but others are hiring too! Check it out! (Isn't it tempting?)

Medical diagnostic company LipoScience is feeling the effect of the contract termination with Health Diagnostic Laboratory. The Raleigh-based company (Nasdaq: LPDX) is reducing its employee count by 22 people, or 10 percent of its total workforce, in what the company calls its latest attempt to streamline its operations and manage costs. "This workforce reduction was a very difficult decision for our company, but a necessary one in order to streamline our operations company-wide," says Howard Dorna, president and chief executive officer of LIpoScience

Don't forget, hundreds of biopharma companies are hiring! (We know you can't resist.)

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