US Biotechnology Research company Freenome is giving pinkslip to 0.2 employees across all division due to financial crunch and may undergo reorganization. Freenome laying off around 0.2% of their work force with various job titles across all department in US with business restructuring to get its business back on track.
Freenome found in 2014 has speciality in molecular diagnostics, multiomics, machine learning, biotechnology, cancer screening, oncology, early cancer detection, and computational biology running by current CEO Mike Nolan. Freenome is a high-growth biotech company on a mission since 2014 to create tools that empower everyone to prevent, detect, and treat their disease.
There was no official communication to us from Freenome but you can always refer Freenome internal gossips and layoff news on our Freenome discussion board.
As per company spokeperson to media, Cancer screening company to cut 20% of workforce after securing $254 million.
Freenome Layoff Details in Brief
| Company | Freenome |
|---|---|
| Location | US |
| employee laid off | 100 |
| % Laid off | 0.2 |
| Division | Across all |
| Date | 28-April |
0.2 Freenome employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at Freenome surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, Freenome employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.
You can connect with Freenome Official website for more details about this layoff.
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