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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 -
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 -
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 -
Beyond Inc. to Cut Workforce by About 20%
Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...Business - The Wall Street Journal - October 22 -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30 -
The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
The Associated Press says it is looking to cut 8% of its workforce, primarily through buyouts, and employees eligible to leave their jobs would begin getting notificationsEntertainment - ABC News - 2 days ago -
Inside the fall of 23andMe
Once worth $6 billion, 23andMe has lost 98% of its value and is on the verge of being delisted from the Nasdaq. So what happened?Business - CNBC - October 23 -
DNA-testing site 23andMe fights for survival
Once millions used it to find out about their family histories - this week it was almost delisted. What went wrong?Top stories - BBC News - November 3 -
Men over 70 are flooding back into the workforce
The headline figure of 12,000 jobs from the latest labor-market report is getting all the attention — but as usual, the much more interesting stuff is buried in the fine print.Business - MarketWatch - November 2 -
Watch: Biden speaks at White House workforce summit
President Biden, with just over two months left in office, spoke at a White House event Wednesday focused on the administration's "Investing in America" agenda. Biden and first lady Jill Biden are ...Politics - The Hill - November 13 -
‘Robot revolution’ forces China’s human workforce to adapt
Factory machinery is evolving fast. Can the workers who will use it keep up?World - Financial Times - November 14 -
23andMe appoints three new board members following abrupt resignations
23andMe appointed three new independent directors to its board, the company said Tuesday.Business - CNBC - October 29 -
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 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 warns of ‘substantial doubt’ over its survival without new funding
Once-hyped genetic start-up issues latest guidance after reporting further quarterly revenue declinesBusiness - Financial Times - 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 -
23andMe customer? What to know about the privacy of your genetic data.
Concerns about 23andMe's business prospects is raising questions about the genetic testing company's customer data.Top stories - CBS News - November 13 -
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 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...Top stories - NBC News - October 30 -
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 -
Why the Return to Office Workforce is Coming Back Less Diverse
Studies show women, people of color, and disabled employees, many of them high performers, are choosing job flexibility and working from home over going in to work.Business - Inc. - 6 days ago -
Boeing CEO Kelly Ortberg Speaks Hard Truths to a Divided Workforce
Sometimes a leader needs to deliver a tongue-lashing to get a business turnaround into high gear. The veteran aviation industry executive didn’t hold back.Business - Inc. - 45 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 - November 12 -
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 -
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 MoneyWatch correspondent Kelly O'Grady explains what happens to the private ...Top stories - CBS News - November 13 -
The Stubborn Myths Dragging Down Your Distributed Workforce—and How to Bust Them for Good
Use these techniques to get your team moving forward.Business - Inc. - November 5 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Associated Press to Cut Staff by 8%
The reductions come just two weeks after Election Day, when The A.P. played a key role in calling races across the United States.Business - The New York Times - 2 days ago -
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - Yesterday -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23
