23andMe cuts 40% of its workforce | Fox Business

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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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 …

foxbusiness.com

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23andMe Announces Workforce Cut Of 40% Before The Holidays

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Nov 12, 2024  · SOUTH SAN FRANCISCO, Calif. - DNA site 23andMe is now announcing a big cut just before the holidays – the latest setback for the struggling South San Francisco startup. …

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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 …

cnn.com

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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 Staff In Restructuring | TechCrunch

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Nov 12, 2024  · Maxwell Zeff. 2:51 PM PST · November 12, 2024. 23andMe announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a …

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

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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 …

nbcbayarea.com

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23andMe Layoffs Cut 200 Employees - USA TODAY

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Nov 12, 2024  · 0:00. 1:34. Nov 11 (Reuters) - Genetic testing firm 23andMe ME.O said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing …

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23andMe To Cut 40% Of Its Staff Amid Grim Financials | PCMag

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Nov 12, 2024  · DNA testing company 23andMe is laying off 200+ employees, or about 40% of its workforce.. The job cuts are part of a business restructuring to reduce costs, 23andMe …

pcmag.com

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DNA-testing Site 23andMe To Lay Off 40% Of Its Workers

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The struggling genetic testing company 23andMe says it will cut 40% of its workforce, or 200 jobs, as it fights for survival. The once-popular DNA-testing site will also halt work on therapies it ...

bbc.com

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23andMe Reports Sales Decline Day After Announcing Plans To Cut …

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Nov 12, 2024  · The genetics company reported $44.1 million in revenue for the fiscal second quarter, down from $50 million in the same period last year. 23andMe’s net loss narrowed to …

cnbc.com

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23andMe Lays Off 40% Of Its Workforce As Company Spirals

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Nov 12, 2024  · 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 …

gizmodo.com

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

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Nov 12, 2024  · ME. 2.90%. 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 …

marketwatch.com

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

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D NA-testing company 23andMe said on Monday that it was firing roughly 40% of its workforce, more than 200 people, as Chief Executive Anne Wojcicki seeks to stabilize her money-losing …

msn.com

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23andMe Cuts 40% Of Workforce As Its Core Consumer DNA …

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Nov 12, 2024  · Senator Warns Donald Trump's Cabinet Picks in for 'Rude Awakening'. 23andMe announced on Monday it would cut approximately 40% of its workforce, impacting over 200 …

msn.com

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Genetic Testing Firm 23andMe Cuts 40% Of Its Workforce

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Nov 13, 2024  · The genetic testing firm 23andMe said on Monday it would cut about 40%, or 200 employees, from its workforce and discontinu­e further developmen­t of all its therapies as part …

pressreader.com

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Struggling 23andMe Makes ‘Difficult’ Decision To Cut Workforce …

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Nov 12, 2024  · Flailing genetics testing firm 23andMe is cutting over 200 jobs, or roughly 40% of its workforce. Its therapeutics division will also be shut down as the company’s “difficult but …

retailwire.com

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[Fox Business] 23andMe Cuts 40% Of Its Workforce

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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 …

thebaltimorepost.com

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23andMe Cuts 40% Of Workforce Amid Major Restructuring

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Nov 15, 2024  · The Cuts: The BBC reports that the company will reduce its workforce by 40%, expecting to save $35 million annually while incurring $12 million in severance and transition …

gadgetreview.com

FAQs about 23andMe cuts 40% of its workforce | Fox Business Coupon?

Is 23andMe reducing its workforce?

Nov 11 (Reuters) - Genetic testing firm 23andMe ME.O 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 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 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. ...

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