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23andMe cuts 40% of staff
23andMe cuts 40% of its workforce
Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to "streamline operations and reduce costs."
23andMe cuts 40% of staff in restructuring
Me announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a restructuring at the company. “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,
'Difficult but Necessary': 23andMe Is Cutting 40% of Its Workforce
In April 2023, 23andMe was targeted in a hack that exposed the personal data of 6.9 million customers. The company agreed to pay $30 million plus three years of security monitorin
NBC New York
1d
23andMe cuts 40% of its workforce and discontinues therapeutics division
Back in September, all of
23andMe
’s independent
directors
also resigned from its
board
— in a rare move that followed ...
10h
on MSN
23andMe announces layoffs totaling 40% of workforce, discontinues therapeutics division
Me is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the ...
Rolling Out
5h
23andMe cuts 40 percent of staff amid major business overhaul
In addition to workforce reductions,
23andMe
has also decided to discontinue its therapeutic ... The situation worsened in ...
9h
23andMe reports sales decline day after announcing plans to cut 40% of workforce
Embattled genetic testing provider 23andMe said on Tuesday that revenue declined from a year earlier, a day after the company ...
11Alive
10h
23andMe announces layoffs, will cut 40% of workforce
Back in September, all of
23andMe
’s independent
directors
also resigned from its
board
— in a rare move that followed ...
Benzinga.com
14h
Struggling Genetic Testing Company 23andMe To Lay Off 40% Of Its Workforce, Discontinues All Therapeutic Programs
In September, independent
directors
of the
Board
of
23andMe
sent a letter to Anne Wojcicki, Chief Executive Officer, Co ...
Black Enterprise
4h
23andMe Lays Off 40% Of Employees As Company Undergoes Restructuring
23andMe
's CEO called the decision to lay off 200 employees ... The suffering company faced another blow in September when its
board
of directors
resigned. The
board
’s seven members quit after ...
12d
on MSN
23andMe appoints three former CFOs as new directors—after the previous board all resigned
On Tuesday, Wojcicki announced the new additions to 23andMe’s board: Andre Fernandez, a former CFO at WeWork, Inc., and NCR ...
NBC Los Angeles
1d
23andMe reports sales decline a day after announcing plans to cut 40% of workforce
Shares were hovering below $1 until
23andMe
announced a 1-for-20 reverse stock split in October. In September, all seven of ...
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