23andMe layoffs cut 200 employees - USA TODAY

Nov 12, 2024  · 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 further …


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23andMe Layoffs Cut 200 Employees - USA TODAY

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Nov 12, 2024  · 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 further …

usatoday.com

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After Its Entire Board Resigned Overnight, 23andMe Will Cut Over …

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Nov 12, 2024  · DNA-testing service 23andMe is making substantial efforts to nurse its feeble genetic core back to health. The company will lay off 40% of its workforce, over 200 …

fortune.com

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

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Nov 11, 2024  · After Monday’s restructuring plan, the company expects annualized cost savings of more than $35 million. Genetic testing firm 23andMe said on Monday it is reducing about …

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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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 restructuring at the company. …

techcrunch.com

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23andMe Announces Layoffs Totaling 40% Of Workforce, …

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Nov 12, 2024  · PIX Now - Morning Edition 11/12/24 11:43. 23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the …

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23andMe Lays Off 200 Workers, Stops Cancer Research Program

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Nov 12, 2024  · The layoffs impact over 200 people or about 40% of 23andMe’s existing workforce. The genetics health company is looking to cut costs after a tumultuous few years. …

entrepreneur.com

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23andMe To Lay Off More Than 200 Employees Amid Business …

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Nov 13, 2024  · Dive Brief: 23andMe said Monday it will lay off more than 200 employees, about 40% of its staff, and restructure the company amid its financial challenges.; The genetic testing …

medtechdive.com

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23andMe Layoffs: Company To Cut 200 Jobs - KRON4

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Nov 11, 2024  · Genetic testing firm 23andMe announced on Monday that it will be slashing its workforce by 40%. The job cuts, according to a news release from the South San Francisco …

kron4.com

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23andMe Is Laying Off 40% Of Its Workforce Right Before The …

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Nov 12, 2024  · 23andMe is laying off 40% of its workforce, or more than 200 employees, as it tries to slash costs (AFP/Getty Images) After more than a month with Wojcicki left as the sole …

independent.co.uk

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

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Nov 12, 2024  · 23andMe announced on Monday it would cut approximately 40% of its workforce, impacting over 200 employees. The restructuring includes closing its drug development arm, …

msn.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 Cut 40% Of Its Staff Amid Grim Financials - Yahoo

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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 says. …

yahoo.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 …

kstp.com

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

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Nov 11, 2024  · ME. 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 …

yahoo.com

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23andMe To Lay Off 40% Of Its Workforce, Or Around 200 Employees

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Nov 12, 2024  · The layoffs at 23andMe, which are expected to affect around 200 employees, ... S.F. Muni faces ‘terrifying’ cuts, possible cable car closures due to deficit.

sfchronicle.com

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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 Major Layoffs Amid Financial Struggles

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Nov 12, 2024  · 23andMe was valued at $5.8 billion at its peak in 2021 but dropped to less than $150 million after a series of challenges it faced in recent years. In 2023, the company …

cybernews.com

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23andMe To Lay Off 40% Of Staff In Desperate Restructuring Effort

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Nov 12, 2024  · The company expects to save $35 million per year after these cuts By Cal ... around 200 positions, about 40 percent of 23andMe's workforce. ... Layoffs will begin with …

techspot.com

FAQs about 23andMe layoffs cut 200 employees - USA TODAY Coupon?

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. ...

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. ...

Does 23andMe have a restructuring program?

For more CNN news and newsletters create an account at CNN.com 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 stock drop 4%?

Shares were down nearly 4% by midday Tuesday, sitting at around $4.43. 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. ...

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. ...

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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