Richard Branson-backed 23andMe axes hundreds of jobs

City A.M.

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Genetic testing company 23andMe, which is backed by Virgin billionaire Richard Branson’s VG Acquisition Corp, has revealed plans to make 200 redundancies in a bid to regain stability after a major slowdown in the business over the last year. In cutting 40 per cent of its workforce, the company said it hopes to bounce back [...]

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