CNN —
Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as part of a restructuring program.
“We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success of our core consumer business and research partnerships,” said CEO Anne Wojcicki.
The company said it is evaluating strategic alternatives, including licensing agreements and asset sales, for its therapies in development.
Wojcicki, who has been trying to take the company
→ Continue reading at CNN - Business News
