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23andMe to Cut 40% of Its Staff
23andMe cuts 40% of its workforce and discontinues therapeutics division
NEW YORK (AP) — 23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs. The latest restructuring efforts were announced by 23andMe on Monday.
23andMe to Cut 40% of Its Staff Amid Grim Financials
The DNA testing kit company is also discontinuing new developments to its therapeutics program, which has been focused on using customers’ DNA data to aid in drug discovery.
23andMe cuts 40% of its workforce
Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to "streamline operations and reduce costs."
23andMe, genetic testing
23andMe customer? Here's what to know about the privacy of your genetic data.
Concerns about 23andMe's business prospects is raising questions about the genetic testing company's customer data.
What 23andMe business troubles could mean for users' genetic data
In this photo illustration, a
23andMe
logo seen displayed on a smartphone and in the background. The company announced Monday that it would lay off around 40% of its workforce -- about 200 employees -- and close its drug development arm in an attempt to ...
What 23andMe business troubles could mean for millions of users' genetic data
On Tuesday, 23andMe released its latest earnings report, showing revenue dipped 12% in the last quarter and share prices fell. The company has faced additional struggles over the past several months,
7h
23andMe lays off 40% of workers, reports losses amid uncertain future
( NewsNation) — Genetic testing company 23andMe has faced a series of struggles this year, culminating in end-of-year mass ...
2d
on MSN
23andMe is ending its cancer research program and slashing over 200 jobs
23andMe is laying off 40 percent of its employees, or over 200 workers, as the company attempts to recover from last year’s ...
2d
23andMe Lays Off 40% of Its Workforce as Company Spirals
The genetic testing company 23andMe announced it was laying off more than 200 employees, or roughly 40% of its entire ...
2d
23andMe reports sales decline day after announcing plans to cut 40% of workforce
Embattled genetic testing provider 23andMe said on Tuesday that revenue declined from a year earlier, a day after the company ...
11Alive
2d
23andMe announces layoffs, will cut 40% of workforce
NEW YORK —
23andMe
is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics ...
1d
23andMe says it faces financial hardships and has doubts it can still operate
The CEO of 23andMe said there was "substantial doubt" that the company could continue to operate and said 40 percent of its ...
Yahoo Finance
1d
23andMe to lay off more than 200 employees amid business struggles
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23andMe
said Monday it will lay ...
2d
on MSN
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Me Holding Co.’s stock turned down early Tuesday, after the DNA-testing company reported its latest quarterly loss, shedding ...
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