23andMe cuts 40% of staff in restructuring | TechCrunch

Nov 12, 2024  · 23andMe cuts 40% of staff in restructuring. Maxwell Zeff. 2:51 PM PST · November 12, 2024. ... To start 2024 off, 23andMe was trying to save its reputation after a …


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23andMe Cuts 40% Of Staff In Restructuring | TechCrunch

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Nov 12, 2024  · 23andMe cuts 40% of staff in restructuring. Maxwell Zeff. 2:51 PM PST · November 12, 2024. ... To start 2024 off, 23andMe was trying to save its reputation after a …

techcrunch.com

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

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Nov 12, 2024  · 23andMe to lay off 40% of staff in desperate restructuring effort The company expects to save $35 million per year after these cuts By Cal Jeffrey November 12, 2024, 16:53

techspot.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 …

apnews.com

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

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Nov 13, 2024  · A company representative shows off what is in a DNA kit at the 23andMe booth at the RootsTech annual genealogical event in Salt Lake City, Utah on Feb. 28, 2019. 23andMe …

cbc.ca

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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 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 …

techstory.in

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After Its Entire Board Resigned Overnight, 23andMe Will Cut

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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 Chicago

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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 …

nbcchicago.com

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

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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 …

morningstar.com

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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 …

wsj.com

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Struggling Genetic Testing Company 23andMe To Lay Off 40% Of …

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Nov 12, 2024  · On Thursday, genetics-led consumer healthcare company 23andMe Holding Co. (NASDAQ:ME) announced a business restructuring to streamline operations and reduce …

yahoo.com

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23andMe Cuts Headcount By 40%, Drops Drug Discovery Work

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Nov 12, 2024  · Genetic testing company 23andMe announced on Monday that it will discontinue its development of new therapies, instead focusing on its genetic testing services and …

biospace.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 Shutters Cancer Drug Research, Lays Off 40% Of Staff

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Nov 12, 2024  · The layoffs and restructuring—which are estimated to incur about $12 million in one-time costs before yielding annual savings of more than $35 million—come shortly after …

fiercebiotech.com

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23andMe Cuts 40% Of Staff, Shutters Drug Development Ahead Of …

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Nov 12, 2024  · 23andMe (ME) announced a 40% staff reduction and the shuttering of its drug development business, ahead of its Q2 FY25 print. The genetic testing company is laying off …

nasdaq.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 Lays Off 40% Of Staff, Shuts Drug Development Business …

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DNA-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 Is Laying Off 40% Of Its Workforce Right Before The …

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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 …

independent.co.uk

FAQs about 23andMe cuts 40% of staff in restructuring | TechCrunch 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. ...

Will 23andMe cut its workforce?

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 was developing. Last year, the company said hackers had managed to gain access to personal information of millions of its users. ...

Why is 23andMe downsizing?

Home genetics company 23andMe continues to struggle as demand for casual gene tracing declines. On Monday, the company announced that it has decided on a restructuring plan to help reduce expenses. A significant part of the downsizing is eliminating around 200 positions, about 40 percent of 23andMe's workforce. ...

Why did 23andMe restructure?

The latest restructuring efforts were announced by 23andMe on Monday. The company said it plans to wind down ongoing clinical trials “as quickly as practical” — and that it was currently evaluating “strategic alternatives” for assets related to its drug development and research programs, which include studies on potential cancer treatments. ...

What happened to 23andMe me?

Photo: Peter DaSilva/Reuters DNA-testing company 23andMe ME 2.17% 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 business. ...

Why did 23andMe's directors resign?

Back in September, all of 23andMe’s independent directors also resigned from its board — in a rare move that followed drawn-out negotiations with Wojcicki, who has been trying to take the company private. ...

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