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. - 2 days ago

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 - 2 days ago

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.

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 ...

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 - 2 days ago

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 costs

Health - ABC News - Yesterday

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

Tech - ABC News - October 17

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 - 5 days ago

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 - 2 days ago

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 - 20 hours ago

Boeing to Repay Furloughed Staff and Cut 10 Percent of Jobs

Boeing furloughed thousands employees in the wake of the strike by 33,000 union machinists.

Business - Inc. - 3 days ago

Nearly 40 percent of world's trees face extinction, new assessment finds

The International Union for the Conservation of Nature (IUCN) announced at least 40 percent of tree species around the world are at risk of extinction, according to a Thursday release from the ...

Politics - The Hill - October 29

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.

23andMe warns of ‘substantial doubt’ over its survival without new funding

Once-hyped genetic start-up issues latest guidance after reporting further quarterly revenue declines

Business - Financial Times - 2 days ago

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

Business - The New York Times - October 25

NYC to end debit card program for migrant families

New York City will end a pilot program that gave prepaid debit cards to migrant families to help them buy food. New York City launched the program earlier this year. It allowed migrant families to ...

Politics - The Hill - 6 days ago

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.

Alitalia will lay off over 2,000 remaining employees as liquidation nears

World - Yahoo News - 3 days ago

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 employees

World - ABC News - 3 days ago

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 - 21 hours ago

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 - Yesterday

Will Trump Try to End the Public Service Loan Forgiveness Program?

There is widespread concern that President-elect Trump may end it, since he has tried before. But that may be the wrong thing to fear.

Business - The New York Times - 7 minutes 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 - Yesterday

McDonald’s Takes Quarter Pounders Off Menus at 20 Percent of Restaurants After E. Coli Outbreak

McDonald’s pulled the burger option after the bacterial contamination sickened at least 49 people, killing one, according to the CDC. Raw onions may be the source of the problem.

Business - Inc. - October 24

40% Off Nectar Coupon Code for October 2024

Get 40% off with our Nectar promo code for any Nectar mattress and earn savings for top sleep accessories, bundles and more.

Tech - Wired - October 31

University in Lisbon suspends plans for course on racism taught by all-white staff

Nova university programme criticised for only having white instructors and for some of its content, such as session on ‘does racism really exist?’. A top university in Lisbon has suspended plans to ...

World - The Guardian - October 16

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.

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

How Apple’s Asking Its Staff About Its AR Goggles Shows Great Leadership

The company is telling employees it’s hired the smartest minds available to develop new products, so asking them to guide its ‘next big thing’ is a smart move.

Business - Inc. - November 6

How to end the war in Gaza ‘once and for all’?

President Biden and Democratic Presidential candidate Kamala Harris have called for an end to the war in Gaza, while Israeli opposition leader Benny Gantz has stated that the death of Hamas leader ...

Politics - The Hill - October 23

Flagg thrives with all-around game for No. 7 Duke in college debut against his home-state program

Duke freshman Cooper Flagg turned in an all-around floor game against his home-state team in the seventh-ranked Blue Devils' season opener

Sports - ABC News - November 4

USA Track and Field will bring US Paralympics track and field program under its roof in January

USA Track and Field is bringing the U.S. Paralympics Track & Field program in-house beginning Jan. 1 as part of a partnership that will unite all of its athletes

Sports - ABC News - October 30

After 40 Years, the Pizza Hut Book It! Kids Are All Right

Pizza Hut’s Book It! literacy program, founded in 1984, has reached more than 70 million students — and counts the radio host Charlamagne Tha God among its fans.

Business - The New York Times - November 1

Lindsey Vonn ending retirement, returning to skiing and U.S. team at age 40

She won't commit to the 2026 Olympics, but no one would be surprised to see her there.

Sports - Yahoo Sports - 1 hour ago

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