Genetic testing giant 23andMe cuts 40% of workforce, discontinues therapeutics division
NEW YORK — 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 ...
South SF-based genetic testing company laying off 40% of workforce
23andMe, a popular South San Francisco-based genetic testing company, is laying off 40% of its workers after struggling with dismal earnings and a chaotic data breach. The company is scrapping approximately 200 employees, 23andMe announced in a Monday news release, which is expected to save the business more than $35 million.
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 workforce, according to a press release Monday. The move is part of a restructuring that will see the company also halt the development of its therapeutics division which had been working on various potential medical treatments.
The familial trend, it turned out, was linked to a genetic mutation. That meant Bill might also be at risk for the disease.
In the wake of a big data breach and a sizable new round of layoffs, concerns about the 23andMe's handling of sensitive ...
The struggling genetic testing company 23andMe says it will cut 40% of its workforce, or 200 jobs, as it fights for survival.
Crystal Ellwood’s dad had pancreatic cancer and melanoma so “They went ahead and did the genetic testing for him and ...
Myriad Genetics and agency partner S50 Health educated OBGYNs and their patients in a campaign called “Getting Ahead of ...
Recent advances in genetic testing technology have transformed personal health care from general guidelines to precise, ...
23andMe, a leading name in the genetic testing business, has revealed plans to lay off some 200 employees, or nearly 40% ...
Increased awareness of genetic testing’s role in disease prevention is driving market growth. Saudi Arabia's genetic ...
Secondly, they believe the first editorial’s call for “early” testing at the sub-elite level must include minors if it is ...
An Owatonna man is in custody after genetic genealogy linked him to a 1974 murder of a Minneapolis woman who was found in ...
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