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The latest such BLS numbers-fudging is said to involve November's shockingly low jobs loss of 11,000, when the general expectation called for a much higher jobs reduction for the month of 125,000.
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The job reduction is among the largest ever in the biotechnology business.
The job reduction will affect employees in Denver and Sunnyvale, Calif.
At the same time he announced a 30% cut in the dividend and a 450-job reduction in staff.
Among major job reduction announcements this year, RSA Insurance said it would axe 1,200 UK jobs by the middle of next year and RBS announced it planned to cut 2,300 jobs.
The job reduction news was part of the company's announcement of 1999 annual results on Monday, after the stock market had closed.
To cover severance and other costs related to the job reduction, the company will take an $800 million charge against earnings this year.
Special charges included $1.6 billion related to changes in the pension plans and $80 million for severance and related costs associated with job reduction.
An equal share of unskilled and skilled job reduction is expected from Scenario 2, i.e. total 46 thousand.
Musk cut 9% of Tesla's workforce in June, the largest job reduction in its 15-year-history.
The goal is 100 job reductions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com