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Theranos just laid off 340 workers and is closing all its clinical labs

Theranos CEO Elizabeth Holmes just announced via an open letter that the embattled blood testing startup will be closing all of its clinical labs and Wellness Centers, in a move she estimates will impact 340 employees. The move is intended to refocus Theranos on developing its miniLab medical data processing product, Holmes writes, which it first debuted at a scientific conference in August.
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