Thread regarding 23andMe layoffs

23andMe layoffs: Company to cut 200 jobs ahead of holidays

Another Bay Area company has announced significant job cuts ahead of the holidays. Genetic testing firm 23andMe announced on Monday that it will be slashing its workforce by 40%.

https://www.kron4.com/news/bay-area/23andme-layoffs-company-to-cut-200-jobs-ahead-of-holidays/

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| 91 views | | 3 replies (last November 12, 2024) | Reply
Post ID: @OP+1vs79htF

3 replies (most recent on top)

the management has given up and they are trying to figure out if the company can be sold.

it's a sad situation, they do not have any vision, at this point it's just a question of what can be salvaged.

the main issue here is if there is someone bold enought to buy the co.

good luck to all of you who are still there, i wish all the best to all people that were affected with the cuts.

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Post ID: @mpn+1vs79htF

Here is WSJ Coverage:

https://www.wsj.com/tech/biotech/23andme-to-cut-workforce-by-40-discontinues-therapeutics-pipeline-8c818729

Here is one with the paywall removed:
https://archive.is/IexYI

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Post ID: @tnx+1vs79htF

Not good at all - but they had problems for a while now so this is very much to be expected

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Post ID: @poy+1vs79htF

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