23andMe, a DNA testing company, is cutting 40 percent of its staff to avoid bankruptcy and maintain long-term viability. It is the latest setback for a company that was once a darling in the Silicon Valley economy. TechSpot reports the home DNA testing leader 23andMe will lay off 40% of its workforce this week as part of a restructuring initiative aimed at cutting … [Read more...] about 23andMe Unveils Major Layoffs and Restructuring Plan
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Tesla Is The Last Car Company To Leave California
California is losing its grip on the business industry due to high taxes and regulations, forcing many companies to leave the state in droves. Most of them seem to be headed to Texas or Florida, where living costs and tax burdens aren’t as suffocating. Tesla had been the last car company still manufacturing cars in California before making the announcement that they would be … [Read more...] about Tesla Is The Last Car Company To Leave California