Layoffs result as consumers think twice about DNA testing

South Africa News News

Layoffs result as consumers think twice about DNA testing
South Africa Latest News,South Africa Headlines
  • 📰 latimes
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 82%

First 23andMe laid off 14% of its staff. Now comes word industry leader Ancestry is similarly giving about a hundred workers the heave-ho.

A look back, and ahead, at the latest California business news.These have been rough days for the DNA-testing business — an industry that sprang up seemingly overnight with promises of helping customers track down long-lost relatives or ancestors, or even spot a hereditary disease before symptoms arise. Millions of people have submitted saliva samples to see what might turn up.

Which is to say, pretty much everyone who wanted to give home DNA testing a try has done so, and the company is having a hard time winning over new customers. Such concerns have risen since law enforcement officials figured out they could solve cold cases by tracking down suspects through the DNA tests of relatives.

I’ll admit these tests can be fun. I did it and found that I’m 72.3% of Ashkenazi Jewish descent. I also learned I’m apparently 11.3% Scandinavian, 7.8% Spanish or Portuguese, and 3.1% Italian, which was news to both me and my parents.There’s entertainment value in products such as this, but experts say you shouldn’t base medical decisions on the findings of home DNA tests. Always speak with your doctor before any such moves.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

latimes /  🏆 11. in US

South Africa Latest News, South Africa Headlines

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

Consumer DNA testing is a bust: Here's how companies like Ancestry and 23andMe can surviveConsumer DNA testing is a bust: Here's how companies like Ancestry and 23andMe can surviveCNBC asked genetics experts to weigh in on why the consumer DNA market has stalled. And how 23andMe, Ancestry and others can continue to scale their businesses in light of that.
Read more »

Backstreet Boys Extend DNA World Tour: See the DatesBackstreet Boys Extend DNA World Tour: See the DatesThe BSB are coming back! The second leg of their North American tour will kick off on July 10 in New York.
Read more »

Backstreet Boys Extend DNA World Tour With North American Summer DatesBackstreet Boys Extend DNA World Tour With North American Summer DatesBackstreet Boys extend DNA World Tour with North American summer dates
Read more »

Consumer DNA testing is a bust: Here's how companies like Ancestry and 23andMe can surviveConsumer DNA testing is a bust: Here's how companies like Ancestry and 23andMe can surviveCNBC asked genetics experts to weigh in on why the consumer DNA market has stalled. And how 23andMe, Ancestry and others can continue to scale their businesses in light of that.
Read more »

China's Xi to prevent major layoffs amid coronavirus outbreakChina's Xi to prevent major layoffs amid coronavirus outbreakChinese President Xi Jinping said on Monday the government would prevent large-s...
Read more »

NHL roundup: Bruins down Coyotes for 6th straight winNHL roundup: Bruins down Coyotes for 6th straight winCharlie Coyle scored twice, and Patrice Bergeron had a goal and two assists as t...
Read more »



Render Time: 2025-03-10 23:30:45