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Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

TechCrunch Startup News · TechCrunch

January 24, 20203m 54s

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Show Notes

Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be notable by themselves, but given how many other reductions have recently been announced, they indicate that a rolling round of belt-tightening amongst well-funded private companies continues. Mozilla, for example, cut 70 staffers earlier this year.

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