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Evening Standard
Evening Standard
Henry Saker-Clark

Two out of five workers could go at diagnostics firm Novacyt in restructuring

London
London-listed Novacyt is consulting over job cuts (Jordan Pettit/PA) - (PA Archive)

Biotechnology firm Novacyt has said it could axe about 40% of its workforce as part of a major restructuring.

The molecular diagnostics company, which has a base in Manchester, launched a consultation process on Monday.

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