Somaxon (SOMX) to Layoff 7 Employees, Including CFO

In a Form 8-K, Somaxon Pharma (Nasdaq: SOMX) announced that on April 9, 2009 the company committed to a plan of termination that will result in a work force reduction of 7 employees, including the CFO in order to reduce operating costs. The Company commenced notification of employees affected by the workforce reduction on April 9, 2009, and the workforce reduction is expected to be completed by May 15, 2009.