23andme files for bankruptcy protection

The popular 23andme DNA firm has applied for bankruptcy protection and announced that its co-founder and CEO Anne Wojciecki had an immediate effect.

Now the company will try to sell itself under the supervision of the court.

23ndme said in the press -release The fact that it plans to continue work throughout the sale process, and is that “it does not change in how the company stores, manages or protects customer data.”

On Friday, the Prosecutor General at the California home state issued a consumer warning in which he advised customers to delete their data from the site, given the “registered financial distress”.

The 23andme saliva test kits were once noted among customers and investors who helped push the company’s cost up to $ 6 billion (£ 4.6 billion).

But it was struggles for survival In recent months.

In September, the firm settled in a lawsuit stating that it has not been able to protect privacy nearly seven million customers whose personal information was provided in the 2023 data violation.

Two months later it is Reduce 200 employeesGiven 40% of her workforce.

23ndme said his finance chief Joe Selsovo would take over the interim executive.

Wojcicki Ms. will continue to fulfill the duties of the council, she added.

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