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Theranos to Close Labs and Lay Off 340 Workers

Elizabeth Holmes, founder of the embattled blood-testing company, says the company will focus on creating miniature medical testing machines.
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In an open letter to investors on Wednesday, Theranos founder Elizabeth Holmes announced that the company was shuttering all of its labs and wellness centers, “impacting” around 340 employees—presumably by putting them out of work. ...

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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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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...

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