theranos Archive

Theranos closes its labs and wellness centers, lays off 340

Theranos is closing its labs and wellness centers, CEO Elizabeth Holmes announced today in a post on the company blog. And this isn’t a temporary closure: the “approximately” 340 employees running them are out of a job. “After many months spent assessing our strengths and addressing our weaknesses, we have moved to structure our company around the model best aligned with our core values and …