Latest in 23andMe Lays Off 40% of Staff, Shuts Drug Development Business
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23andMe Lays Off 40% of Staff, Shuts Drug Development Business
The genetics company is closing a unit that was once seen as core to its future.Business - The Wall Street Journal - November 11 -
23andMe Lays Off 40 Percent of its Staff, Ends All Therapy Programs
As founder and CEO Anne Wojcicki struggles to take the company private, 200 jobs are cut as part of its restructuring plan.Business - Inc. - November 12 -
DNA-testing site 23andMe to lay off 40% of its workers
The once-popular general DNA-testing firm holds a trove of sensitive genetic data from its customers.Top stories - BBC News - November 12 -
23andMe to lay off 40% of its workforce as stock price plummets
The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...Top stories - CBS News - November 12 -
Rare and classic cars shut off busy London street
Vehicles on show in central London include models dating back to 1896 plus modern day supercars.Top stories - BBC News - November 2 -
Motion picture academy lays off staff at archive and library amid broader restructuring
The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.Entertainment - Los Angeles Times - October 31 -
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.Tech - VentureBeat - November 13 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
23andMe cuts 40% of its workforce and discontinues therapeutics division
23andMe 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 costsHealth - ABC News - November 12 -
What happens to customer data as 23andMe goes out of business?
Millions of people have sent their DNA to be analyzed by 23andMe in order to learn their genealogy and risk for certain health issues. But with the company falling on hard times, and not bound by ...Top stories - CBS News - November 12 -
What 23andMe business troubles could mean for users' genetic data
The company is laying off 40% of its workforce and discontinuing its therapeutics division.Top stories - ABC News - November 13 -
Amazon shuts down secret project to develop fertility tracker
The project, codenamed "Encore," was part of Amazon's moonshot incubator Grand Challenge, which launched under founder Jeff Bezos.Business - CNBC - November 13 -
Nissan to lay off thousands of workers as sales drop
The Japanese car making giant has not yet said where in its global operations the job cuts will be made.Top stories - BBC News - November 8 -
23andMe reports sales decline a day after announcing plans to cut 40% of workforce
Embattled genetic testing provider 23andMe said Tuesday that revenue declined from a year earlier, a day after the company announced a cost-cutting plan.Business - CNBC - November 12 -
Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles
Company says it will cut about 200 employees as value plummets in aftermath of huge data breach. The genetic testing firm 23andMe said on Monday it would cut about 40%, or 200 employees, from its ...World - The Guardian - November 12 -
Business owners warn Trump’s deportation plan could shut them down
Vow to round up undocumented workers risks labour shortages and higher pricesWorld - Financial Times - 5 days ago -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - November 12 -
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.Business - The New York Times - October 30 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Business - CNBC - November 6 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Top stories - NBC News - November 7 -
Enphase to lay off workers and end some operations in Mexico
Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.Business - MarketWatch - November 8 -
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Alitalia will lay off over 2,000 remaining employees as liquidation nears
Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employeesWorld - ABC News - November 10 -
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.Business - CNBC - November 13 -
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
Boeing Will Lay Off Over 2,500 Workers Amid Turnaround Effort
The job cuts, part of a 17,000-strong employee reduction, will hit workers in Washington, Oregon, South Carolina and Missouri.Business - Inc. - 4 days ago -
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Tube strikes by RMT staff called off after talks
The RMT union calls off Tube strikes by its staff after pay talks with Transport for London.Top stories - BBC News - November 1 -
DataRobot launches Enterprise AI Suite to bridge gap between AI development and business value
DataRobot aims to boost AI success with a new Enterprise Suite featuring pre-built templates, AI agents, observability and governance tools.Tech - VentureBeat - November 12 -
Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - October 28 -
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ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus
Cyprus’ energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they’ve discovered close to each other off ...World - ABC News - Yesterday -
Anger is the defining energy of western politics
Quelling the rage is a democratic imperative across the worldWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
Trump and the lure of strongman leadership
The president-elect has fundamentally shifted the norms and ideology of American politicsWorld - Financial Times - November 7 -
EU leaders strain for unity after Trump win and German crisis
Bloc gathers in Budapest at summit hosted by Brussels’ antagonist Viktor OrbánWorld - Financial Times - November 7
