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 …

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23andMe Cuts 40% Of Its Workforce And Discontinues …

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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 Its Workforce - Fox Business

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Nov 12, 2024 · Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to "streamline operations and reduce costs."

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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 Announces Business Restructuring To Streamline …

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Nov 11, 2024 · The Company is reducing its overall headcount by over 200 employees, representing approximately 40% of the workforce. The business restructuring is expected to …

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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 To Reduce Overall Headcount By 40% Of Workforce

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Nov 11, 2024 · 23andMe to reduce overall headcount by 40% of workforce; 23andMe to reduce overall headcount by 40% of workforce. TipRanks. Nov. 11, 2024, 04:35 PM.

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23andMe Reduces Workforce By 40% (NASDAQ:ME) - Seeking Alpha

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Nov 11, 2024 · 23andMe Holding (NASDAQ:ME) on Monday said it is reducing overall headcount by over 200 employees, representing about 40% of the workforce, as part of a business …

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23andMe Announces Business Restructuring To Streamline

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Nov 11, 2024 · Reduces workforce by roughly 40%; ... today announced a business restructuring to streamline operations and reduce costs. In addition, 23andMe is ... The Company is …

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23andMe Holding Co. Announces Reduce Overall Headcount

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Nov 11, 2024 · The company is reducing its overall headcount by over 200 employees, representing approximately 40% of the workforce. The business restructuring is expected to …

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

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Nov 12, 2024 · 23andMe restructures, cutting 40% of its workforce and ending its therapeutic programs to save $35 million annually while exploring strategic alternatives.

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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 …

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

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Nov 12, 2024 · Also Read: Legal Battle Brews Over 23andMe’s Customer Data Breach Settlement And Arbitration Claimants The company is reducing its overall headcount by over …

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23andMe Cuts 40% Of Its Workforce - MarketScreener

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Nov 11, 2024 · (Reuters) - Genetic testing firm 23andMe said on Monday it is reducing its overall headcount by over 200 employees or about 40% of the workforce, as part of a restructuring …

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23andMe Announces Business Restructuring To Streamline

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Nov 11, 2024 · Reduces workforce by roughly 40%; expects annualized cost savings of more than $35 million. Discontinues development of therapeutics division and commences strategic …

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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 …

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23andMe Reduces Workforce By 40% - MSN

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23andMe Holding (NASDAQ:ME) on Monday said it is reducing overall headcount by over 200 employees, representing about 40% of the workforce, as part of a business restructuring.The …

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

Why is 23andMe reducing its workforce?

You can set your browser to block or alert you about these cookies, but some parts of the site will not work. 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 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. ...

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. ...

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. ...

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. ...