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 its workforce and discontinues therapeutics division
Me 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.
23andMe to cut its work force by 40%
Me to cut its work force by 40%.
23andMe to Cut 40% of Its Staff Amid Grim Financials
The DNA testing kit company is also discontinuing new developments to its therapeutics program, which has been focused on using customers’ DNA data to aid in drug discovery.
23andMe to cut 40% of workforce, end therapeutics program
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.
23andMe to reduce overall headcount by 40% of workforce
Holding “announced a business restructuring to streamline operations and reduce costs. In addition, 23andMe is discontinuing
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,
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.
CNET1d
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 ...
ABC78h
What 23andMe business troubles could mean for users' genetic data
Companies, 23andMe included, also have a responsibility to notify consumers of changes and get "consumers' affirmative ...
South SF-based genetic testing company laying off 40% of workforce
23andMe, a popular South San Francisco-based genetic testing company, is laying off 40% of its workers after struggling with ...
NBC Chicago29d
What happens to your genetic data if 23andMe is sold? Here's what to know
Eventually, about 15 million people signed up for it. Sixteen years later and after a large data breach in 2023, the value of 23andMe has plummeted. That has prompted concerns that the company ...
Tennessean27d
23andMe data breach class-action lawsuit: What it entails and what to know about $30M settlement
Around a year ago, 23andMe had a data breach that led to 6.9 million profiles being accessible. Now, the company has agreed to pay a $30 million settlement after a class-action lawsuit was ...
23andMe, supported by Richard Branson, announces major layoffs and strategy shift following data breach
The genetic testing company, which is backed by Richard Branson's VG Acquisition Corp, has been hit by a number of issues ...
CNET5d
Are You Eligible for Up to $10,000 from 23andMe's Data Breach Settlement?
Personal data of nearly half of the popular genetic testing company's customers -- 6.9 million people -- was exposed in the data breach. Thomas is a native of upstate New York and a graduate of ...
23andMe users could be eligible for data breach settlement
After a data breach affected around half of its customers, family ancestry company 23andMe has agreed to a $30 million settlement — and users could be eligible to receive a payout in the future.
Yahoo14h
What 23andMe business troubles could mean for millions of users' genetic data
The financial struggles of genetic testing and ancestry company 23andMe are raising questions about the security of ...
Forbes29d
23andMe To Pay Up To $10,000 To Data Breach Victims—Are You Eligible?
In October 2023, 23andMe revealed that approximately ... security risks related to their compromised data. For those affected by the breach, filing a claim is an opportunity to receive some ...
Hosted on MSN1d
What to know about 23andMe private data collected amid company's financial issues
The DNA testing company 23andMe is facing serious financial concerns and has announced major restructuring. CBS News ...