Just three months after the company laid off 340 employees, Theranos’ workforce is being slashed again. The company announced today that it will part ways with another 155 employees, leaving the current Theranos headcount at 220.
“These are always the most difficult decisions,” the company’s official statement said, “however, this move allows Theranos to marshal its resources most efficiently and effectively.”
Today’s restructuring caps off a terrible 2016 for CEO Elizabeth Holmes and company.
