23andMe cuts 40% of its labor power

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(Reuters) – Genetic screening firm 23andMe claimed on Monday it’s reducing its whole head depend by over 200 employees members or regarding 40% of the labor power, as element of a restructuring program.

The agency anticipates annualized expense monetary financial savings of higher than $35 million as an end result of the restructuring.

(Reporting by Christy Santhosh in Bengaluru; Editing by Shailesh Kuber)



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