- Reallocating resources to accelerate strategic initiatives focused on driving platform success, adding content, expanding geographic presence and growing efficiently
- Streamlining organizational structures to enhance processes, speed and productivity
- Implementation during 2011-2012 to result in approximately 8-10% workforce reduction; restructuring charge to be taken in fourth quarter of 2011; no change to 2011 outlook
QIAGEN N.V. (NASDAQ: QGEN; Frankfurt Prime Standard: QIA) today launched a project to enhance productivity by streamlining the organization and freeing up resources for reallocation to strategic initiatives that will help drive growth and innovation, strengthen its industry leadership position and improve longer-term profitability.
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