[ad_1] Ancestry chief Margo Georgiadis touched upon one of the reasons for the company’s shrinking sales in her blog post: most early adopters have already entered the category. Another possible reason is that people are becoming more concerned about the privacy implications of taking DNA tests and then sharing their genetic information. Authorities have started […]
Category: layoffs
23andMe lays off 100 workers amid shrinking demand for DNA tests
[ad_1] Company chief Anne Wojcicki didn’t have definitive explanations for the shrinking sales in a chat with CNBC, but did speculate that privacy was “top of mind” for customers and might have been a factor. Cold cases like the Golden State Killer appear to have been solved using online DNA databases — there might be […]
Uber lays off employees from Eats, self-driving cars and other teams
[ad_1] Over 70 percent of employees affected by the latest round are based in North America, with the remainder spread across Asia, Europe, Latin America and the Middle East, according to TechCrunch. Uber has laid off more than 1,100 employees across the three rounds, and it also asked some staff members to relocate. “As you […]
Huawei lays off two thirds of its US research division
[ad_1] An employee still employed at Futurewei told Reuters that work ground to a halt after the ban took effect. This still leaves roughly 1,200 Huawei employees in the US, although most of them are involved in customer support, public affairs and the supply chain. Moreover, the company’s American ranks have been shrinking ever since […]
Huawei preps ‘extensive’ US job cuts despite partial reprieve
[ad_1] The move would be prompted by complications surrounding Huawei’s presence on the Commerce Department’s Entities List, which bars US companies from doing business with a given firm unless there’s explicit approval. Futurewei staff have been restricted when communicating with Huawei’s Chinese offices, according to the tipsters, since their work might be considered US technology […]
Sony may cut half of its smartphone division by 2020
[ad_1] The reported cutbacks at Sony perhaps shouldn’t come as a surprise. The Japenese tech giant has never been able to get a proper foothold within the industry. The company’s smartphones have fallen almost entirely out of favor. While nearly 1.6 billion smartphones shipped during 2018, just 10 million of them were Sony devices, according […]