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01/27/2020

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

External Link - Source: CNBC

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.

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