Theranos will shut labs and cut 40% staff

Theranos will shut labs and cut 40% staff
 

Controversial US blood-testing company Theranos is shutting clinical and medical facilities and slashing jobs, three months after its founder was banned from owning a laboratory.
Theranos pioneered new cheap and quick tests, but regulators investigated the firm after ex-employees told a newspaper the tests were unreliable.
Founder Elizabeth Holmes once ranked as America's richest self-made woman.
This summer, Forbes magazine estimated her worth as next to nothing.
Ms Holmes is appealing against a ban that stops her owning or running a medical laboratory for two years.
In a letter on the... read more

 
6 October 2016 in Business, Views: 39
Source: BBC
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