23andMe Lays Off 40% of Its Workforce as Company Spirals
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. The move is part of a restructuring that will see the company also halt the development of its therapeutics division which had been working on various potential medical treatments.
Concerns about 23andMe's business prospects is raising questions about the genetic testing company's customer data.
The financial struggles of genetic testing and ancestry company 23andMe are raising questions about the security of customers ...
But what can customers of 23andMe themselves do to make sure their highly personal genetic data is protected? And should we ...
23andMe Holding Co.’s stock turned down early Tuesday, after the DNA-testing company reported its latest quarterly loss, ...
Millions of people have sent their DNA to be analyzed by 23andMe in order to learn their genealogy and risk for certain ...
23andMe is shutting down its therapeutics development division and plans to seek out buyers to find a new home for its ...
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as ...
23andMe's woes were further exacerbated by a data breach last year, wherein hackers gained access to personal information ...
Since its founding in 2006, 23andMe has sold more than 12 million of its DNA kits, which use a saliva sample to extract ...
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23andMe to Cut 40% of Its Staff Amid Grim FinancialsThe DNA testing kit company is also discontinuing new developments to its therapeutics program, which has been focused on ...
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