REUTERS/Brendan McDermid
- Theranos has laid off about 100 employees, The Wall Street Journal reported Tuesday.
- It’s the third round of layoffs in the past two years for the blood-testing company. At one point, the company had more than 700 employees.
- Tuesday’s layoff brings the headcount down to about 24, The Journal reported.
- In March, the SEC charged Theranos, along with its CEO, Elizabeth Holmes, and its former president, Sunny Balwani, with fraud.
Theranos’s employee headcount is dwindling.
The Wall Street Journal reports Tuesday that the blood-testing company, which was recently charged with fraud by the SEC, has laid off another 100 employees. It’s the third round of layoffs in the past two years for the blood-testing company. At one point, the company had more than 700 employees. See the rest of the story at Business Insider
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SEE ALSO: Theranos and its founder, Elizabeth Holmes, have been charged with fraud by the SEC
