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TallTrader

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Friday, 02/05/2021 8:05:48 AM

Friday, February 05, 2021 8:05:48 AM

Post# of 163
23andMe lays off 100 people as DNA test sales decline, CEO says she was ‘surprised’ to see market turn

- 23andMe is laying off 100 people, as consumer DNA tests are down.

- CEO Anne Wojcicki didn’t have a clear explanation for that, but cited a variety of factors, including both recession fears and privacy concerns.

- Wojcicki said she anticipated that DNA testing would explode when she co-founded the business in 2007, but is now looking ahead to a retracting market.

https://www.cnbc.com/2020/01/23/23andme-lays-off-100-people-ceo-anne-wojcicki-explains-why.html
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