23andme Cuts Workforce

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

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

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 - Yesterday

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 ...

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

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

Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce

More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.

Business - MarketWatch - October 17

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

23andMe succumbs to a dismal genetic destiny

Was it nature or nurture? In the unhappy case of a DNA testing company and its sliding share price, the answer is both

Business - Financial Times - October 16

EY slims workforce for first time in 14 years

Slowdown in demand for consulting services leads Big Four accounting firm to post weakest revenue growth since 2010

Business - Financial Times - October 17

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 - Yesterday

‘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 - 14 hours ago

Founder Anne Wojcicki races to rescue 23andMe

Once-hyped genetic testing company hit by data breach, plunging share price and board resignations

Business - Financial Times - October 15

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?

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 ...

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 - 20 hours ago

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.

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

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

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 ...

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.

What 23andMe business troubles could mean for users' genetic data

The company is laying off 40% of its workforce and discontinuing its therapeutics division.

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

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

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

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 ...

Titans cutting Jamal Adams

Jamal Adams' brief tenure in Tennessee is coming to an end.

Sports - Yahoo Sports - October 17

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 further

World - 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

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Latest in 23andme Cuts Workforce

23andMe to slash 40% of its workforce, end therapeutics program to cut costs

23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

23andMe to lay off 40% of its workforce as stock price plummets

McKinsey Cuts Hundreds From China Workforce

Beyond Inc. to Cut Workforce by About 20%

Dropbox to cut 20% of workforce as it moves to boost growth

Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce

Inside the fall of 23andMe

23andMe succumbs to a dismal genetic destiny

EY slims workforce for first time in 14 years

Men over 70 are flooding back into the workforce

Watch: Biden speaks at White House workforce summit

‘Robot revolution’ forces China’s human workforce to adapt

Founder Anne Wojcicki races to rescue 23andMe

DNA-testing site 23andMe fights for survival

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

AMD to lay off 4% of workforce, or about 1,000 employees

23andMe appoints three new board members following abrupt resignations

DNA-testing site 23andMe to lay off 40% of its workers

23andMe Lays Off 40% of Staff, Shuts Drug Development Business

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

What happens to customer data as 23andMe goes out of business?

23andMe customer? What to know about the privacy of your genetic data.

What 23andMe business troubles could mean for users' genetic data

The Stubborn Myths Dragging Down Your Distributed Workforce—and How to Bust Them for Good

23andMe’s stock falls after company says there’s substantial doubt it can stay in business

23andMe Lays Off 40 Percent of its Staff, Ends All Therapy Programs

What to know about 23andMe private data collected amid company's financial issues

Titans cutting Jamal Adams

Bank of Canada resorts to jumbo rate cut as growth falters

OPEC extends oil output cuts

Reeves eyeing £40bn in tax rises and spending cuts

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