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Severe headcount layoff

$Syros Pharmaceuticals (SYRS.US)$ Fired 94% of employee, meaning only left 4 employee to operate the compny. No different with compny under bankruptcy.
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  • Nyx‎ : Having to pay the default on the loan was a heavy blow. The only way they could have recovered was if they managed to secure another loan before having to pay it. Cutting their cash flow and firing most of the staff when no significant project is in progress is no different from shutting down the research. Is this even worth anything now?

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