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.

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23andMe cuts 40% of its workforce, discontinues all therapy programs

https://www.bbc.com/news/articles/cp9z7m2nljyo 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.23andMe’s share price has… Source

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Struggling DNA-testing site 23andMe to lay off 40% of its workers

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.

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23andMe cuts 40% of its workforce and discontinues therapeutics division

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

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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.

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Story by Reuters (CNN) — 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. “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,” said CEO Anne Wojcicki. The company said it is eva…

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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.

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Genetic testing firm 23andMe said today 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.

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23andMe cuts 40% of its workforce, stops therapy programs | Honolulu Star-Advertiser

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23andMe to cut 40% of workforce, end therapeutics program

23andMe to cut 40% of workforce, end therapeutics program

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