Perkin Elmer
This article was originally published in The Gray Sheet
Executive Summary
Analytic Instruments business will eliminate approximately 350 jobs or 12% of its worldwide workforce in an effort to improve its cost structure following its acquisition by EG&G, Inc., Perkin Elmer announces July 14. The workforce reduction is part of a larger effort to "regain market leadership" in analytical instruments, the firm says. EG&G acquired the Perkin Elmer Analytical Instruments division earlier this year and renamed it Perkin Elmer