23andMe reports sales decline a day after announcing plans to cut …

Nov 12, 2024 · Embattled genetic testing provider 23andMe said Tuesday that revenue declined from a year earlier, a day after the company announced a cost-cutting plan.

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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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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. ... 23andMe reports sales decline a day after announcing plans to cut 40% of workforce ... The …

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23andMe Cuts 40% Of Staff In Restructuring | TechCrunch

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Nov 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. ... a decline from $50 …

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

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Nov 11 (Reuters) - Genetic testing firm 23andMe , opens new tab said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all …

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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 …

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23andMe To Cut 40% Of Workforce - LinkedIn

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Nov 12, 2024 · New: More turmoil at 23andMe.The embattled genetic testing company on Tuesday reported declining revenue in its most recent quarter, a day after it said it will cut 40% …

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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 Is Falling Apart, As Sales Tank And Staff Is Cut - Quartz

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Nov 12, 2024 · 23andMe (ME+14.84%), the company that popularized at-home DNA tests, announced on Tuesday that its sales took a hit during its most recent quarter. The news …

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

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23andMe on Tuesday reported that second-quarter revenue fell to $44.1 million from $50 million a year earlier. The embattled genetics company said Monday that it's cutting about 200 jobs, or …

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

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23andMe reports sales decline a day after announcing plans to cut 40% of workforce. Publishing timestamp: 2024-11-12 16:02:03. Summary. 23andMe reported a decline in revenue in the …

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23andMe Holding Co. (ME) Stock Price, Quote & News - Stock …

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3 days ago · 23andMe reports sales decline day after announcing plans to cut 40% of workforce. 23andMe on Tuesday reported that second-quarter revenue fell to $44.1 million from $50 …

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

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Nov 12, 2024 · 23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as …

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Ashley Capoot On LinkedIn: 23andMe Reports Sales Decline A Day …

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New: More turmoil at 23andMe. The embattled genetic testing company on Tuesday reported declining revenue in its most recent quarter, a day after it said it will cut 40% of its workforce …

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FAQs about 23andMe reports sales decline a day after announcing plans to cut … Coupon?

Is 23andMe going out of business?

Reporting by Christy Santhosh in Bengaluru; Editing by Shailesh Kuber Our Standards: The Thomson Reuters Trust Principles. 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. ...

Will 23andMe cut its workforce?

Photo courtesy of 23andMe 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 about 200 employees at the California-based firm and are expected to save the company about $35 million in annual costs. ...

Why did 23andMe lay off 40% of its employees?

The company announced Monday that it would lay off around 40% of its workforce -- about 200 employees -- and close its drug development arm in an attempt to cut costs. On Tuesday, 23andMe released its latest earnings report, showing revenue dipped 12% in the last quarter and share prices fell. ...

Does 23andMe have a restructuring program?

REUTERS/George Frey/File Photo Purchase Licensing Rights 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 DNA security problem?

The financial struggles of genetic testing and ancestry company 23andMe are raising questions about the security of customers' DNA and other data. The company announced Monday that it would lay off around 40% of its workforce -- about 200 employees -- and close its drug development arm in an attempt to cut costs. ...

Will 23andMe takeover a third-party company?

Genetic testing firm 23andMe Chief Executive Officer Anne Wojcicki would no longer be open to considering third-party takeover proposals for the company, a regulatory filing showed on Monday. ...