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Theranos Attempts Pivot, Closing Labs and Laying Off Hundreds

After regulators banned Theranos founder Elizabeth Holmes from the blood-testing industry, her company has few choices left.
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Theranos Founder Elizabeth Holmes Barred From Operating Labs For Two Years

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Theranos aimed at disrupting the blood testing industry by using only a few drops of blood. But now, regulators say they will bar the company's dynamic CEO from owning or running a lab for two years.

Theranos to Shut Labs, Lay Off 340 Workers

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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,...

Elizabeth Holmes has been banned from the lab industry for 2 years — and Theranos' future is in doubt

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Elizabeth Holmes, the founder of blood-testing startup Theranos who was once the darling of silicon valley, has been banned from running a laboratory for two years. That's raising questions about what is left for the company, which ...

Theranos Gives Up on Blood-Testing Labs to Become the Thing It Tried to Fix

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An open letter from founder Elizabeth Holmes announces the company is shutting its Wellness Centers and clinical labs. The post Theranos Gives Up on Blood-Testing Labs to Become the Thing It Tried to Fix appeared first on WIRED.

Theranos Becomes A Shadow Of Its Imagined Self

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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 ...

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