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

By Yahoo! Finance   |   Nov 11, 2024 at 09:01 PM EST
DNA-testing site 23andMe to lay off 40% of its workers

Struggling genetic testing company 23andMe plans to cut 200 jobs, stop developing therapies, and incur $12m in one-off costs. The CEO aims to revive the business amid a 70% share price drop this year.

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