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23andMe cuts 40% of 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 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 cuts 40% of staff in restructuring
Me announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a restructuring at the company. “We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success of our core consumer business and research partnerships,
18h
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 ...
Rolling Out
14h
23andMe cuts 40 percent of staff amid major business overhaul
In addition to workforce reductions,
23andMe
has also decided to discontinue its therapeutic ... The situation worsened in ...
11Alive
19h
23andMe announces layoffs, will cut 40% of workforce
Back in September, all of
23andMe
’s independent
directors
also resigned from its
board
— in a rare move that followed ...
12d
on MSN
23andMe appoints three former CFOs as new directors—after the previous board all resigned
On Tuesday, Wojcicki announced the new additions to 23andMe’s board: Andre Fernandez, a former CFO at WeWork, Inc., and NCR ...
Black Enterprise
13h
23andMe Lays Off 40% Of Employees As Company Undergoes Restructuring
23andMe
's CEO called the decision to lay off 200 employees ... The suffering company faced another blow in September when its
board
of directors
resigned. The
board
’s seven members quit after ...
Benzinga.com
23h
Struggling Genetic Testing Company 23andMe To Lay Off 40% Of Its Workforce, Discontinues All Therapeutic Programs
In September, independent
directors
of the
Board
of
23andMe
sent a letter to Anne Wojcicki, Chief Executive Officer, Co ...
16h
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 ...
cfodive
12d
23andMe turns to CFOs to fill director roles after mass board exit
Genetic testing company 23andMe has appointed three new independent directors to its board, including former WeWork CFO Andre ...
NBC Los Angeles
1d
23andMe reports sales decline a day after announcing plans to cut 40% of workforce
Shares were hovering below $1 until
23andMe
announced a 1-for-20 reverse stock split in October. In September, all seven of ...
BBC on MSN
1d
DNA-testing site 23andMe to lay off 40% of its workers
In another blow to the company, seven of
23andMe
’s eight-strong
board
resigned in September. The firm's independent ...
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