According to an Impinj spokesperson, the layoffs are not the result of specific blows to the company’s business; instead they are a preemptive move to ensure Impinj’s strong cash position and protect its business plan as global economic conditions sour.

Ten employees in Seattle were eliminated, with the other lost jobs scattered throughout other U.S. locations, Europe, and Asia. Last year, Impinj eliminated six jobs during its acquisition of Intel’s RFID division. The company did not provide a current number of employees on the payroll.

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