Report: Theranos Just Laid Off the Vast Majority of Its Employees

Embattled Silicon Valley medical technology company Theranos is reportedly returning to its startup roots, at least by one metric: It will only have a couple dozen employees left following a new round of layoffs, according to the Wall Street Journal.

On Tuesday, CEO Elizabeth Holmes announced during an internal meeting that she would slash around 100 remaining jobs, the Journal said, in a bid to stave off bankruptcy. The former high-flying Silicon Valley company, which will reportedly have...

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