23andMe restructures, cuts 40% of workforce amid financial struggles
BBC - 12-Nov-2024Seven board members recently resigned after a failed buyout offer
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23andMe, Inc. is the leading consumer genetics and research company. Our mission is to help people access, understand and benefit from the human genome. The company was named by MIT Technology Review to its “50 Smartest Companies, 2017” list, and named one of Fast Company’s “25 Brands That Matter Now, 2017”. 23andMe has over 5 million customers worldwide, with ~80 percent of customers consented to participate in research.
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Details last updated 21-Oct-2019
Seven board members recently resigned after a failed buyout offer
Experts highlight privacy risks for families and advocate stricter controls on DNA data use
Financial struggles continue, but CEO Anne Wojcicki remains optimistic
Merger to improve remote health services and offer personalised treatment plans
Demonstrates the power of having millions of DNA records even with less reliable self-reported data
They are laying off staff now as their profits are not as high as before
Do it only if there's a good clinical reason as per doctor's recommendation
Priorities - finding new drugs to cure diseases or your privacy?
Be careful of what these genetic tests might tell you