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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Struggling DNA-testing Site 23andMe To Lay Off 40% Of Its Workers …

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DNA-testing site 23andMe to lay off 40% of its workers. ... The struggling genetic testing company 23andMe says it will cut 40% of its workforce, or 200 jobs, as it fights for survival.

bbc.com

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

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Nov 12, 2024  · Struggling Genetic Testing Company 23andMe To Lay Off 40% Of Its Workforce, Discontinues All Therapeutic Programs. On Thursday, genetics-led consumer healthcare …

yahoo.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 …

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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. The genetic testing …

techcrunch.com

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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 …

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

nbcbayarea.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 Mass Layoffs, Restructuring Are Latest Blow For ... - Fast …

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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. Shares of DNA testing company 23andMe were …

fastcompany.com

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

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Nov 12, 2024  · To avoid bankruptcy, the company is restructuring, laying off half its employees. Home genetics company 23andMe continues to struggle as demand for casual gene tracing …

techspot.com

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

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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. The company is …

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 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

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23andMe To Cut 40% Of Its Staff Amid Grim Financials | PCMag

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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 …

pcmag.com

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

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Nov 13, 2024  · The company is laying off 40% of its workforce. The financial struggles of genetic testing and ancestry company 23andMe are raising questions about the security of customers' …

go.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 …

tradingview.com

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

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 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. ...

Will 23andMe refocus on personalized DNA testing?

The October 2023 leak -- which compromised DNA data, birthdates, locations and profile photos -- impacted nearly half of 23andMe's 14 million customers. While the consumer genetics company also offers research programs for cancer drugs, it plans to refocus on the personalized DNA and ancestry tests that first made it successful. ...

Why did 23andMe cut its DNA data?

Some critics have urged 23andMe users to delete its DNA data over concerns that a third-party company could take over the company and harness the DNA information for other purposes. But in announcing the cuts, 23andMe CEO Anne Wojcicki said her goal is to ensure the "long-term success" of its core consumer business and research partnerships. ...

What happened to 23andMe?

On Thursday, genetics-led consumer healthcare company 23andMe Holding Co. (NASDAQ: ME) announced a business restructuring to streamline operations and reduce costs. In addition, 23andMe is discontinuing the further development of all its therapeutic programs while evaluating strategic alternatives for its clinical and preclinical assets. ...

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