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23andMe cuts 40 percent of staff
23andMe cuts 40 percent of staff amid major business overhaul
Once valued at $6 billion,
23andMe
has faced a series of setbacks that have severely impacted its market position. The company has struggled with leadership disputes, a significant
data
breach
in 2023, and complications surrounding a proposed merger.
23andMe to lay off 40% of staff in desperate restructuring effort
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
23andMe is laying off 40 percent of its staff
More than 200 employees of 23andMe are being laid off as part of the company’s ongoing cost-cutting measures. The layoffs will impact 40 percent of the genetic testing company’s workforce. 23andMe CEO and co-founder Anne Wojcicki said in a statement released on Monday that the staff reduction would save the beleaguered company more than $35 million.
CNET
11h
Victims of 23andMe's Data Breach Could Get $10,000. Everything You Need to Know
Personal data of nearly half of the popular genetic testing company's customers -- 6.9 million people -- was exposed in the data breach. If you were one of these victims, you could be in-line for a ...
10h
on MSN
23andMe is ending its cancer research program and slashing over 200 jobs
23andMe is laying off 40 percent of its employees, or over 200 workers, as the company attempts to recover from last year’s ...
The Independent
9h
23andMe is laying off 40% of its workforce right before the holiday season
The restructuring arrives during a period of turmoil at California-based
23andMe
, which has recently included a ...
CNET on MSN
9h
Can I Delete My 23andMe Data? It's Complicated, but Here's How
A big data breach and deepening financial woes have sparked new concerns about the 23andMe's ability to protect the personal ...
9h
23andMe cuts 40% of its workforce, discontinues all therapy programs
The company said it is evaluating strategic alternatives, including licensing agreements and asset sales, for its therapies ...
Orange County Register
6h
Genetic testing giant 23andMe cuts 40% of workforce, discontinues therapeutics division
RELATED: Southwest Airlines to offer buyouts at 18 airports, headquarters The restructuring arrives during a period of ...
11Alive
11h
23andMe announces layoffs, will cut 40% of workforce
The restructuring arrives during a period of turmoil at California-based
23andMe
, which has recently included a ...
wnep
11h
23andMe cuts 40% of its workforce and discontinues therapeutics division
The restructuring arrives during a period of turmoil at California-based
23andMe
, which has recently included a ...
Benzinga.com
15h
Struggling Genetic Testing Company 23andMe To Lay Off 40% Of Its Workforce, Discontinues All Therapeutic Programs
Also Read: Legal Battle Brews Over
23andMe
’s Customer
Data
Breach
Settlement And Arbitration Claimants The company is ...
FOX 7 Austin KTBC
8h
23andMe announces workforce cut of 40% before the holidays
The company has since appointed a new board.
23andMe
also suffered a massive
data
breach
and some worry that their ...
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