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Theranos Lays Off Most of Its Remaining Workforce

Blood-testing organisation Theranos Inc. laid off many of a remaining workforce in a last-ditch bid to safety money and avert failure for a few some-more months, according to people informed with a matter.

Tuesday’s layoffs take a company’s conduct count from about 125 employees to dual dozen or fewer, according to a people informed with a matter. As recently as late 2015, Theranos had about 800 employees.

Article source: https://www.wsj.com/articles/theranos-lays-off-most-of-its-remaining-workforce-1523382373

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