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The company also said that it would cut its dividend.
In October, Illumina said it would cut its workforce by 8 percent.
It said it would cut its growth forecast from predictions it issued last September.
The bank has denied that it would cut its dividend.
It said last week it would cut its dividend to 1 cent from 7 cents.
Germany's Lufthansa announced that it would cut back its long-haul network.
Almost a year ago Trinity Church announced that it would cut back its remarkable music program.
Electronic Arts originally announced in October it would cut 6.0% of its workforce.
Seagate also said it would cut 10.0% of its U.S. workforce.
News Corp said it would cut costs across all its segments.
In January, Home Depot said it would cut 500 jobs at its headquarters.
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