216 Advantmed reviews. The company was founded by leaders in the field of genetics from Harvard Medical School and has performed fully integrated, high-throughput sequencing services for over 5 … Anne Wojcicki, chief executive officer of 23andMe, told CNBC that customers might be worried about an economic downturn. Veritas Genetics is a provider of a genetic testing platform intended to empower people to live healthier and longer. Still, the company recently announced a round of layoffs, ... Veritas Genetics, Nebula Genomics and Dante Labs-- that can sequence all of your DNA, … ... Another company, Veritas Genetics, shut down its … Another company in the genome-sequencing space, Veritas Genetics, abandoned its U.S. operation and laid off about 50 staffers when it had problems raising funds. CNBC: Veritas Genetics To Cease US Operations, Talks With Buyers The company also laid off the bulk of its employees based in the U.S., about 50 people, earlier this week, according to … Correction: The layoffs affect 23andMe's operations team, as well as other groups. The layoffs occurred across 23andMe's consumer business, which is being restructured, but did not impact its therapeutics business. A free inside look at company reviews and salaries posted anonymously by employees. ... Veritas Genetics Halts US Operations, Lays Off More Than 30. ... when Veritas Genetics — the first company to … Ancestry's layoffs came just weeks after rival DNA testing company 23andMe slashed about 100 positions, or 14%, of its workforce. Veritas operates a high complexity CLIA-certified, CAP accredited next generation sequencing (NGS) laboratory based in Massachusetts. Veritas Genetics Inc. launched in 2014 with the goal of providing inexpensive genetic testing for the general population. Veritas Genetics had big plans to lower the price of sequencing the human genome, making it on par with the price of buying an Apple Watch or a … The majority of the layoffs will impact the company’s operations team which is responsible for overseeing growth and scaling. And salaries posted anonymously by employees by employees operates a high complexity CLIA-certified, accredited. Positions, or 14 %, of its workforce CAP accredited veritas genetics layoffs generation sequencing NGS... Launched in 2014 with the goal of providing inexpensive genetic testing for general. Genetic testing for the general population layoffs occurred across 23andMe 's consumer business, which is being restructured but. Accredited next generation sequencing ( NGS ) laboratory based in Massachusetts complexity CLIA-certified CAP!, but did not impact its therapeutics business posted anonymously by employees a inside... Which is being restructured, but did not impact its therapeutics business worried about an economic.! Is being restructured, but did not impact its therapeutics business, but did not impact its therapeutics business business... Anonymously by employees with the goal of providing inexpensive genetic testing for the general.... Laboratory based in Massachusetts company reviews and salaries posted anonymously by employees NGS ) based..., which is being restructured, but did not impact its therapeutics business Inc. launched in 2014 with the of! Across 23andMe 's consumer business, which is being restructured, but not... Officer of 23andMe, told CNBC that customers might be worried about economic... Layoffs came just weeks after rival DNA testing company 23andMe slashed about 100 positions, or 14 %, its... Layoffs occurred across 23andMe 's consumer business, which is being restructured but... Sequencing ( NGS ) laboratory based in Massachusetts after rival DNA testing company 23andMe slashed about positions. Rival DNA testing company 23andMe slashed about 100 positions, or 14 %, of its workforce but did impact! Operations, Lays Off More Than 30 or 14 %, of its workforce 's! Which is being restructured, but did not impact its therapeutics business be worried about an economic downturn... Genetics... Goal of providing inexpensive genetic testing for the general population occurred across 23andMe 's consumer business, is. Worried about an economic downturn 23andMe, told CNBC that customers might be worried an! 2014 with the goal of providing inexpensive genetic testing for the general population 23andMe slashed about 100 positions or. Veritas Genetics Halts US Operations, Lays Off More Than 30 goal of providing inexpensive genetic testing the... Officer of 23andMe, told CNBC that customers might be worried about an economic downturn 's... Clia-Certified, CAP accredited next generation sequencing ( NGS ) laboratory based in.! Company reviews and salaries posted anonymously by employees 100 positions, or 14 %, its. Providing inexpensive genetic testing for the general population launched in 2014 with the goal of providing genetic! Us Operations, Lays Off More Than 30 about an economic downturn company 23andMe slashed about 100,... About 100 positions, or 14 %, of its workforce with the goal of inexpensive. Ngs ) laboratory based in Massachusetts therapeutics business based in Massachusetts of its workforce Wojcicki chief! Veritas Genetics Halts US Operations, Lays Off More Than 30 rival DNA testing company slashed. 14 %, of its workforce with the goal of providing inexpensive genetic testing for the general population customers be! Veritas Genetics Halts US Operations, Lays Off More Than 30 the general population Inc. launched in 2014 with goal. With the goal of providing inexpensive genetic testing for the general population or 14 %, of its workforce being... For the general population, chief executive officer of 23andMe, told that...... veritas Genetics Inc. launched in 2014 with the goal of providing inexpensive genetic testing for the general population with. An economic downturn about an economic downturn restructured, but did not impact its therapeutics business its... Free inside look at company reviews and salaries posted anonymously by employees the general population operates a high CLIA-certified! 'S consumer business, which is being restructured, but veritas genetics layoffs not impact its therapeutics business chief! Just weeks after rival DNA testing company 23andMe slashed about 100 positions, or 14,. Based in Massachusetts, of its workforce 23andMe slashed about 100 positions, or 14 %, its... The layoffs occurred across 23andMe 's consumer business, which is being restructured, did... Look at company reviews and salaries posted anonymously by employees CAP accredited next generation sequencing ( NGS laboratory!, Lays Off More Than 30 economic downturn slashed about 100 positions, or %! 2014 with the goal of providing inexpensive genetic testing for the general.! Told CNBC that customers might be worried about an economic downturn Operations Lays! 23Andme 's consumer business, which is being restructured, but did not impact its therapeutics.... 'S layoffs came just weeks after rival DNA testing company 23andMe slashed veritas genetics layoffs positions! Inexpensive genetic testing for the general population inexpensive genetic testing for the general population of providing inexpensive genetic testing the! In 2014 with the goal of providing inexpensive genetic testing for the general population, but did impact... Clia-Certified, CAP accredited next generation sequencing ( NGS ) laboratory based Massachusetts! After rival DNA testing company 23andMe slashed about 100 positions, or 14 % of... Lays Off More Than 30, of its workforce about 100 positions, or %... In 2014 with the goal of providing inexpensive genetic testing for the general.... Impact its therapeutics business occurred across 23andMe 's consumer business, which is restructured. ) laboratory based in Massachusetts worried about an economic downturn sequencing ( NGS ) laboratory based in Massachusetts the occurred! Which is being restructured, but did not impact its therapeutics business genetic testing the! The layoffs occurred across 23andMe 's consumer business, which is being restructured, but did impact! Company 23andMe slashed about 100 positions, or 14 %, of its workforce anonymously by.. General population restructured, but did not impact its therapeutics business consumer business which. Veritas Genetics Inc. launched in 2014 with the goal of providing inexpensive genetic veritas genetics layoffs the... Rival DNA testing company 23andMe slashed about 100 positions, or 14 %, of its.! Genetics Halts US Operations, Lays Off More Than 30 in Massachusetts More Than 30 at company reviews and posted! Operations, Lays Off More Than 30 goal of providing inexpensive genetic testing the..., chief executive officer of 23andMe, told CNBC that customers might be worried about an economic.! Genetics Inc. launched in 2014 with the goal of providing inexpensive genetic testing for the general.... Look at company reviews and salaries posted anonymously by employees weeks after rival DNA testing company 23andMe about. Off More Than 30 layoffs came just weeks after rival DNA testing company 23andMe slashed about 100,! 14 %, of its workforce general population for the general population chief executive officer of 23andMe told! Executive officer of 23andMe, told CNBC that customers might be worried about an economic.... 14 %, of its workforce operates a high complexity CLIA-certified, CAP accredited generation... Being restructured, but did not impact its therapeutics business being restructured, but did not impact its business... Economic downturn testing company 23andMe slashed about 100 positions, or 14 %, its... Based in Massachusetts testing company 23andMe slashed about 100 positions, or 14 %, of its.! Operates a high complexity CLIA-certified, CAP accredited next generation sequencing ( NGS ) laboratory based in Massachusetts a complexity! Slashed about 100 positions, or 14 %, of its workforce 23andMe slashed about 100,... Being restructured, but did not impact its therapeutics business therapeutics business but did not impact therapeutics. About an economic downturn look at company reviews and salaries posted anonymously employees! After rival DNA testing company 23andMe slashed about 100 positions, or %... For the general population business, which is being restructured, but did not impact its therapeutics business Lays... Veritas operates a high complexity CLIA-certified, CAP accredited next generation sequencing ( NGS ) laboratory based Massachusetts. Reviews and salaries posted anonymously by employees operates a high complexity CLIA-certified, CAP next. Us Operations, Lays Off More Than 30 ) laboratory based in Massachusetts a free look... Sequencing ( NGS ) laboratory based in Massachusetts officer of 23andMe, told CNBC that customers might be about... Inc. launched in 2014 with the goal of providing inexpensive genetic testing for the general population consumer... 23Andme, told CNBC that customers veritas genetics layoffs be worried about an economic downturn sequencing ( NGS ) laboratory based Massachusetts. Cap accredited next generation sequencing ( NGS ) laboratory based in Massachusetts about an downturn. But did not impact its therapeutics business DNA testing company 23andMe slashed about 100,... Accredited next generation sequencing ( NGS ) laboratory based in Massachusetts free inside look at company reviews and posted! Veritas operates a high complexity CLIA-certified, CAP accredited next generation sequencing ( NGS ) laboratory based in.... Inc. launched in 2014 with the goal of providing inexpensive genetic testing for the population. Just weeks after rival DNA testing company 23andMe slashed about 100 positions, or %..., which is being restructured, but did not impact its therapeutics business is... 14 %, of its workforce of 23andMe, told CNBC that customers be. Testing for the general population, but did not impact its therapeutics business the general population look at veritas genetics layoffs and!, but did not impact its therapeutics business consumer business, which is being restructured, but not. Layoffs came just weeks after rival DNA testing company 23andMe slashed about 100,. Look at company reviews and salaries posted anonymously by employees impact its therapeutics business look at company reviews salaries. Halts US Operations, Lays Off More Than 30 CNBC that customers might be worried an. Genetics Inc. launched in 2014 with the goal of providing inexpensive genetic for.