NEW YORK – 23andMe is shedding 40% of its workforce, greater than 200 employees, and shutting down its therapeutics division because the struggling genetic testing company tries to chop costs.

The latest restructuring efforts were announced by 23andMe on Monday. The company said it plans to finish ongoing clinical trials “as quickly as possible” – and is currently evaluating “strategic alternatives” for assets related to its drug development and research programs, which include studies of potential cancer treatments.

In a prepared statement, Anne Wojcicki, CEO and co-founder of 23andMe, said the corporate is “taking these difficult but necessary actions” because it focuses on “the long-term success of our core consumer businesses and our research partnerships.”

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The restructuring comes at a time of turmoil at South San Francisco-based 23andMe, which has recently led to a high-profile data breach, several previous rounds of layoffs and steep losses which have sent the corporate's stock plummeting in recent times.

Back in September, all of 23andMe's independent directors also resigned from the board – a rare move that followed protracted negotiations with Wojcicki, who had sought to take the corporate private. The seven resigning directors said that they had not yet received an appropriate transaction proposal from the chief executive, citing a “clear” disagreement over the long run of 23andMe.

After leaving Wojcicki as sole board member for greater than a month, 23andMe announced it had appointed three latest independent directors in late October.

23andMe went public in 2021 and has struggled to search out a profitable business model ever since — especially since most buyers of its saliva-based testing kits only must make a one-time purchase. The company posted a net lack of $667 million in its most up-to-date fiscal 12 months, greater than double the $312 million loss the previous 12 months.

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23andMe posted one other loss in its quarterly results reported Tuesday, although with smaller losses than in previous quarters. The company reported a net lack of $59.1 million for the second quarter of fiscal 2025, in comparison with a lack of $75.3 million the identical 12 months before.

However, second-quarter revenue totaled $44.1 million – down from $50 million a 12 months ago. The company cited lower sales of testing kits and telemedicine orders and a decline in research revenue, but said that was partially offset by growth in member services.

23andMe expects the job cuts and other restructuring measures announced Monday will reduce operating costs and save the corporate greater than $35 million annually. 23andMe also expects to incur costs of as much as $12 million, primarily related to one-time severance and other termination-related costs.

23andMe ended the quarter with money and money equivalents of $127 million, in comparison with $216 million as of March 31, 2024.

Last month, 23andMe accomplished a 1-for-20 reverse stock split. By midday Tuesday, shares were down nearly 4%, trading at around $4.43.

To help prepare you for the 2024 season, we're publishing previews of all leagues in our coverage area as a part of our highschool football coverage.

Today in focus:

MVAL/WACC Mission Department

(Expected order on the finish)

No. 1 HAYWARD

Trainer: Virgil Hart

Record 2023: 7-3

What you’ll be able to expect: There's no denying Hayward's athleticism, especially within the trenches. Jayden Hoskins, Tevita Paongo And Anthony Wadley are returning players who play on offense and defense. Michael Hourel Flores will provide more explosiveness as a defensive tackle who stops a run. Linebacker Hunger Pango led Hayward in tackles (87), tackles for loss (14) and sacks (three) en path to becoming the 2023 MVAL/WACC Mission Defensive Player of the Year. Coach Virgil Hart said he’ll depend on young talent just like the sophomore quarterback. Jayden Irving and junior running back Maurice Hall to grow into their roles over the course of the season. The Farmers will open the season with three away games before playing six of seven games at home to complete the season.

Season opening: August thirtieth in Bethel, 7pm

No. 2 PIEDMONT

Trainer: Jordan Silk

Record 2023: 7-4

What you’ll be able to expect: The Highlanders are coming off a successful 2023 season that ended with an MVAL/WACC Shoreline Division title after nearly shutting down this system a 12 months earlier on account of injuries and low attendance. The strength this 12 months can be within the defensive trenches, as lineman Jordan GermanyEdge striker Isaiah Ortiz and linebackers Cash Elmquist – all named to the All-League in 2023 – will form a senior-heavy defense. The offense will run through wide receivers. Sam Shelbywho finished last season with greater than 1,600 receiving yards and 20 touchdowns. All-League quarterback Markos Lagios and run back Thomas Ashton will play dynamically. Coach Jordan Seiden said he “hopes to build on the momentum of last year after we won the league.”

Season opening: 30 August against Salesians, 7pm

No. 3 WASHINGTON-FREMONT

Trainer: Fernando Sotelo

Record 2023: 5-5

What you’ll be able to expect: Experienced quarterback Esean Johnson is in his third season as a starter. He was chosen to the All-League second team in 2023 and is a “great leader, outstanding athlete and decision maker,” said coach Fernando Sotelo. Receiver Anakin Schneider and All-League running back Cameron Redd will give the offense a one-two punch. The Huskies' defense is led by junior linebacker Zamari GregorySecond semester free safety Brian Bullock and Junior Strong Safety Joseph Guerra.

Season opening: August thirtieth in Novato, 7pm

No. 4 IRVINGTON

Trainer: Anthony Jackson

Record 2023: 5-5

What you’ll be able to expect: Irvington was capable of depend on many returning talents on offense. Running back of the league's first team Matt Forbes can be the focus of the Fremont school's attack. He will run behind the All-League offensive lineman Adrian Perkins And Agustin Sedano. Junior Recipient Ethan Insixiengmay can be a reliable option within the passing game. The Vikings haven’t had a season with fewer losses since 2019.

Season opening: Aug. 29 vs. Gunderson, 7:15 p.m.

No. 5 KENNEDY-FREMONT

Trainer: Brenton Hagood

Record 2023: 7-3

What you’ll be able to expect: Coach Brenton Hagood has his hands full trying to exchange six of last season's nine All-League players. But the locker room shouldn’t be empty. All-League defensive tackle Jacob Dominguez will anchor a physical line of defense. At the second level, All-League Senior Linebacker Alexander Ramirez will look to construct on his solid 2023 season, which he finished with 60 tackles and a sack. Junior Jaden Roman switches from wide receiver to tight end, which could give recent impetus to the Titans' passing game.

Season opening: August 30, Mt. Eden, 7pm

No. 6 NEWARK MEMORIAL

Trainer: Brad Tubbs

Record 2023: 6-4

What you’ll be able to expect: The Cougars return a talented group on defense, with returnees at many key positions. All-League Linebacker Gerardo Zavala Rangelconsidered one of the team's captains, is in his third 12 months as a starter. Defensive Lineman Christian Ortiz And Alex Garcia were awarded All-Shoreline honors last season and are expected to be two senior leaders this 12 months. Defensive Back Leakage monitoring is a flexible perimeter defender who wreaks havoc on opposing receivers. All-League Receiver Ivan Takhar ought to be a vital contributor to the offense. Newark has only two home games scheduled this season, the last six are away games.

Season opening: August thirtieth in Concord, 7:30 p.m.

A controversial housing law that eliminated single-family home zoning across California has been ruled unconstitutional by a Los Angeles County judge — however the state is prone to appeal the narrow decision.

Passed in 2021, SB 9 allows single-family homeowners to divide their lots in two and construct two homes on each lot – allowing as much as 4 units to be built on each lot, which were previously only intended for a single home.

Five Southern California cities — Redondo Beach, Carson, Torrance, and Whittier and Del Mar — sued the state in 2022, saying the law was unconstitutional since it interfered with their local authority over land use and zoning.

The ruling issued Monday by the Los Angeles County Superior Court judge means SB 9 can’t be utilized in these five cities. It stays unclear whether the law can even remain valid in other cities.

The attorney general's office is reviewing the choice and “will consider all options to defend SB 9,” it said in an announcement to this news organization.

Housing advocates fear the court ruling kills a key piece of laws geared toward increasing population density across the state.

“The signs that this particular court ruling will upend future SB 9 processing are imminent,” said Rafa Sonnenfeld, policy director for the housing group YIMBY Action.

Chris Elmendorf, a law professor at UC Davis, called it “the most ridiculous opinion a court has ever issued in a housing-related case.”

At the guts of the case is local authority and the query of what gives the state the suitable to intervene. In California, the Constitution requires that state laws impeding local control of cities must show an inexpensive connection between the state legislature's stated intent and the design of the law.

In the case of SB 9, the stated intent was to enhance housing affordability.

The prevailing theory in housing policy lately is that the state's decades-long undersupply of housing has driven up the price of rent and homeownership, and that constructing more housing—each market-rate and subsidized—will improve affordability. This was reflected within the draft of SB 9, which allows more homes to be built through property divisions. Unlike federally subsidized reasonably priced housing or government restrictions that cap rent, the reasonably priced housing created by SB 9 could be what housing policymakers call “naturally occurring.”

But Judge Curtis Kin ruled that the legislature's intent — housing affordability — was inconsistent with the draft. Because SB 9 doesn’t require that any of the units be actually constructed below market rate, it was not “appropriately connected and sufficiently narrowly tailored” to make sure access to reasonably priced housing—and subsequently unconstitutional.

The judge's opinion reflected critics' doubts that greater supply actually increases affordability.

“The decision confirms that most of these so-called housing affordability laws are a sham and will not result in much-needed affordable housing,” said Susan Candell, a Lafayette city councilwoman and advocate for the Our Neighborhood Voices initiative, which seeks it to return local land use decisions to cities.

The opinion is a victory for CalCities, a bunch that advocates on behalf of the state's cities. which filed an amicus temporary arguing that SB 9 has stripped cities of their discretion in determining the placement, density and site characteristics of housing without ensuring the development of cheaper housing units.

But housing advocates say the judge's ruling relies too heavily on a narrow definition of housing affordability.

“SB 9 enables housing affordability by increasing the supply of small, entry-level homes, which has the chain reaction effect of making all housing more affordable,” said Ben Bear, CEO of BuildCasa, a startup that helps homeowners sell their properties under SB 9 to separate up and sell to developers. “We have seen that SB 9 units can sell for 30-50% less per unit than other single-family homes due to the higher density.”

Advocates hope lawmakers will revive one SB 9 cleanup bill proposed last yr from Senator Toni Atkins, a Democrat from San Diego, who could also help solve this case.

Even Candell acknowledged that simply cleansing up SB 9 could invalidate the Los Angeles court's decision.

“We lost the war,” she said. “We can’t undo all of these laws one by one.”