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Theranos Shutting Down Blood-Testing Centers and Labs

The company will lay off more than 40 percent of its full-time employees.
Elizabeth Holmes, founder and CEO of Theranos, speaks at the Clinton Global Initiative's closing session Sept. 29, 2015, in New York City (Andrew Burton/Getty Images)

Embattled blood testing company Theranos says it will shut down its clinical labs and wellness centers and lay off more than 40 percent of its full-time employees.

In an open letter released late Wednesday, Theranos CEO Elizabeth Holmes says the shutdowns “will impact approximately 340 employees in Arizona, California, and Pennsylvania.” Read More ...

Source:: Future of You – Digital Policy

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