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Theranos shutting its blood-testing sites and laying off employees

The troubled blood-testing start-up Theranos said Wednesday that it was shutting its labs and patient testing centers, a move that will cause 340 employees, or about 40% of its workforce, to lose their jobs. The news, delivered in a letter by the company’s founder and chief executive, Elizabeth...
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Theranos Becomes A Shadow Of Its Imagined Self

Business & Finance : Forbes: Business

Elizabeth Holmes at the Forbes Healthcare Summit last December. Last night laboratory testing business Theranos announced that it would lay off 340 people, or 43% of its workforce, and get out of the business of administering blood ...

Morning Agenda: Theranos Closes Labs, Twitter Chatter, Taking on Samsung

Business & Finance : DealBook

Theranos was recently a star of Silicon Valley. But now, it is closing its laboratory operations, shutting its wellness centers and laying off 340 employees.

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

Technology / Technology Industry News : Silicon Alley Insider

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 i...

Theranos to Shut Labs, Lay Off 340 Workers

Business & Finance : Business from Newser

After scandal and sanctions, Theranos says it is shutting down all of its blood-testing labs and laying off hundreds of workers. "We have moved to structure our company around the model best aligned with our core values and mission,...

Theranos lays off 43% of employees as it closes labs and wellness centers

Technology : Venture Beat

Embattled medical testing company Theranos today said that it’s closing down clinical labs and Theranos Wellness Centers and thus cutting 340 employees in Arizona, California, and Pennsylvania. It had 790 employees in August, meanin...

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