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 …

apnews.com

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

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Nov 12, 2024  · Bay Area genetic testing company 23andMe announced Monday that it plans to lay off 40% of its workforce as part of a broader restructuring effort aimed at cutting costs and …

sfchronicle.com

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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 …

cbc.ca

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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. ... To start 2024 off, …

techcrunch.com

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23andMe Layoffs Cut 200 Employees - USA TODAY

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Nov 12, 2024  · 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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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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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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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 Cuts 40% Of Its Workforce – NBC Los Angeles

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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 …

nbclosangeles.com

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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 …

pressdemocrat.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 Cuts 40% Of Its Workforce - Fox Business

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Nov 12, 2024  · 23andMe cuts 40% of its workforce About 200 people will lose their jobs in 23andMe's layoffs ... around 23andMe and share top stock picks. Genetics testing company …

foxbusiness.com

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South SF-based Genetic Testing Company Laying Off 40% Of …

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Nov 12, 2024  · 23andMe, a popular South San Francisco-based genetic testing company, is laying off 40% of its workers after struggling with dismal earnings and a chaotic data breach. …

sfgate.com

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23andMe Mass Layoffs, Restructuring Are Latest Blow For DNA Tester ...

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Nov 12, 2024  · Shares of DNA testing company 23andMe were up almost 6% after the embattled firm said it planned to lay off 40% of its staff. ... with plans to lay off 200 employees or roughly …

fastcompany.com

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What 23andMe Business Troubles Could Mean For Millions Of Users ...

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Nov 13, 2024  · 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.

go.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.

gizmodo.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 …

kvia.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 …

kob.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, and discontinuing its therapeutics division as the struggling genetic testing company attempts to …

independent.co.uk

FAQs about 23andMe cuts 40% of its workforce and discontinues therapeutics ... Coupon?

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

(George Frey/Reuters) 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 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. ...

Will 23andMe layoffs affect remote workers?

A spokesperson for 23andMe told SFGATE that the layoffs will affect workers across the nation, including remote workers, and the severance packages will depend on employees’ location and tenure. ...

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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