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Ancestry.com Signals DNA Testing 'Fad' Is Dying Out

2020-02-06 1 Dailymotion

Genealogy giant Ancestry is laying off about 6% of its 1,700-person workforce.<br />The company justified the move by citing a slowdown in the genetic testing market.<br />According to Business Insider, sales of genetics tests overall have slowed.<br />In fact, Wall Street has signalled that the consumer genetics "fad" is over.<br />The news comes just weeks after 23andMe also announced plans to lay off 100 employees, citing the same pressures.

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