23andMe cuts 40% of its workforce, discontinues all therapy ...
1 day ago · After Monday’s restructuring plan, the company expects annualized cost savings of more than $35 million. Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees ...
23andMe lays off 40% of its workforce, ends therapeutics ...
9 hours ago · 23andMe ended the quarter with cash and cash equivalents of $127 million US, compared with $216 million US as of March 31, 2024. 23andMe is laying off 40 per cent of its workforce, or more than ...
23andMe is ending its cancer research program and slashing ...
1 day ago · 23andMe is ending its cancer research program and slashing over 200 jobs. The genetic testing firm plans to license or sell the therapies it’s developing. By Emma Roth, a news writer who covers ...
23andMe cuts 40% of staff in restructuring | TechCrunch
1 day ago · 2:51 PM PST · November 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 ...
23andMe Announces Business Restructuring to Streamline ...
2 days ago · 23andMe, Inc. Reduces workforce by roughly 40%; expects annualized cost savings of more than $35 million. Discontinues development of therapeutics division and commences strategic alternatives ...
23andMe is in trouble. What happens to all the DNA data?
Sep 25, 2024 · Once a hot $6 billion biotech company, 23andMe is now on the verge of collapse. What could happen to the DNA data of its 14 million customers? AILSA CHANG, HOST: The genetic testing company...
Inside the fall of 23andMe - CNBC
Oct 23, 2024 · Founded in 2006, 23andMe set out to revolutionize the once very exclusive genetic testing business with a direct-to-consumer model. Thanks to capital from high-profile backers and celebrity...