23andMe cuts 40% of its workforce and discontinues therapeutics ...

Nov 12, 2024 · 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 …

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23andMe Cuts 40% Of Its Workforce And Discontinues Therapeutics ...

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Nov 12, 2024 · 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 …

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23andMe Lays Off 40% Of Its Workforce, Ends Therapeutics Division

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Nov 13, 2024 · 23andMe is laying off 40 per cent of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts …

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23andMe Cuts 40% Of Its Workforce, Discontinues All Therapy …

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Nov 11, 2024 · Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as …

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Bay Area’s 23andMe Cuts 40% Of Its Workforce And Discontinues ...

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Nov 12, 2024 · 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 …

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23andMe Cuts 40% Of Its Workforce – NBC Bay Area

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Nov 12, 2024 · 23andMe cuts 40% of its workforce and discontinues therapeutics division 23andMe went public in 2021 and has struggled to find a profitable business model since — …

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23andMe Layoffs Cut 200 Employees - USA TODAY

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Nov 12, 2024 · 23andMe cuts 40% of its workforce, discontinues all therapy programs. Christy Santhosh. Reuters. Nov 11 (Reuters) - Genetic testing firm 23andMe ME.O said on Monday it is reducing about 40%, or ...

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23andMe Cuts 40% Of Its Workforce And Discontinues Therapeutics ...

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Nov 12, 2024 · 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 …

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23andMe Cuts 40% Of Its Workforce And Discontinues Therapeutics ...

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Nov 12, 2024 · 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 …

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23andMe Cuts 40% Of Its Workforce And Discontinues Therapeutics …

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Nov 12, 2024 · 23andMe anticipates the job cuts and other restructuring efforts announced Monday to reduce its operating expenses and save the company more than $35 million …

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23andMe To Slash 40% Of Its Workforce, End Therapeutics Program …

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Nov 12, 2024 · DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the …

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23andMe Cuts 40% Of Its Workforce And Discontinues Therapeutics ...

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Nov 12, 2024 · NEW YORK -- 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 …

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23andMe To Cut 40% Of Workforce, End Therapeutics Program

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Nov. 11 (UPI) --Genetic-testing lab 23andMe plans to cut its workforce by 40% and end its therapeutics program in an effort to cut costs, the company announced Monday. The layoffs will impact ...

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23andMe Lays Off 40% Of Staff, Shuts Drug Development Business

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DNA-testing company 23andMe ME 19.08 % increase; green up pointing triangle said on Monday that it was firing roughly 40% of its workforce, more than 200 people, as Chief Executive Anne …

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23andMe Cuts 40% Of Its Workforce And Discontinues Therapeutics …

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Nov 12, 2024 · 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.

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23andMe Cuts 40% Of Workforce, Shuts Down Therapeutics Division

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6 days ago · 23andMe, the popular genetic testing company, has announced it will lay off 40% of its workforce, affecting over 200 employees, and shut down its therapeutics division as part of …

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23andMe Cuts 40% Of Its Workforce - Fox Business

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Nov 12, 2024 · Genetics testing company 23andMe said on Monday that it is cutting its headcount by 40%, or more than 200 employees. The job cuts come as 23andMe seeks to undergo a …

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Why is 23andMe laying off 40% of its employees?

(AP Photo/Jeff Chiu, File) 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. ...

Why is 23andMe reducing its workforce?

You can set your browser to block or alert you about these cookies, but some parts of the site will not work. Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as part of a restructuring program. ...

Why did 23andMe slash its workforce?

Photo: AFP/Getty Images DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday. The layoffs will affect about 200 employees, 23andMe said in a statement. ...

Why did 23andMe get a job cut?

The job cuts come as 23andMe seeks to undergo a restructuring that the company said will "streamline operations and reduce costs." "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," CEO Anne Wojcicki said. ...

What's happening at 23andMe?

‘Barron’s Roundtable’ panelists discuss the latest headlines around 23andMe and share top stock picks. Genetics testing company 23andMe said on Monday that it is cutting its headcount by 40%, or more than 200 employees. The job cuts come as 23andMe seeks to undergo a restructuring that the company said will "streamline operations and reduce costs." ...

How much will 23andMe's restructuring cost?

The company said the restructuring will cost up to $12 million. Overall, the company will see over $35 million in annualized savings from the restructuring and its associated "substantially" reduced operating expenses. 23andMe also said its therapeutics development will end. ...