Genealogy giant Ancestry lays off 6% of its employees - Business Insider

Genealogy giant Ancestry is laying off about 6% of its 1,700-person workforce, citing a slowdown in the genetic testing market. the consumer genetics "fad" is overThe news comes just weeks after 23andMe also announced plans to lay off 100 employees, citing the same pressures.The DNA-testing fad is ending, and it's hitting one of the biggest players in the space hard.that the company is laying off 6% of its 1,700-person workforce, or roughly 100 employees.

Over the past few years, genetic tests have grown in popularity. That's helped consumer genetics companies like 23andMe grow to 10 million users who've shipped off their spit with the hopes of learning more about their family trees, genetic traits, or even some health information.

Fad fades? It's an issue of privacy.

🧐

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Macy's retreats from the mall to focus on off-price, off-mall concepts - Business InsiderMacy's is turning its back on the mall and focusing on off-price stores and trendy lifestyle concepts to win over millennial shoppers
Source: BusinessInsider - 🏆 729. / 51 Read more »

Macy's tech chief sheds light on layoffs in letter to employees - Business InsiderMacy's announced a three-year revitalization strategy on Tuesday, which included store and office closings and laying off 2,000 workers. Ssssshhhh✅ Best not to tell ImpeachedTrump & his administration. He just had SOTU & He said everything is peachy-keen smh
Source: BusinessInsider - 🏆 729. / 51 Read more »

Interview questions startup founders must ask to find great employees - Business InsiderThree founders reveal the questions they ask when hiring to determine a candidate's character and ability to keep up with the rapid pace of startups. Wanted to read this – but couldn't get by all the forced pop-ups. 🤷🏻‍♀️Can’t read this! Please bullet point the 4 for us.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider is seeking nominations for 2020 Logistics Disruptors - Business InsiderBusiness Insider is publishing its inaugural Logistics Disruptors list. And we want to hear from you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Super Bowl LIV highlights NFL's pay-TV power - Business Insider - Business InsiderSuper Bowl ad prices hit new heights this year, and along with the more expensive ads, viewership rebounded to 102 million across all platforms.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Newsticker - News & Tipps von Business Insider DeutschlandTrending: Big Tech companies are getting older but they can still learn new tricks Is that fortnite. RIP old fornite map. Fortnite really streching for advertising
Source: BusinessInsider - 🏆 729. / 51 Read more »