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Theranos INC. To Shut Facilities And Lay Off Workers

 (Photo by Kimberly White/Getty Images for Fortune)
(Photo by Kimberly White/Getty Images for Fortune)

Elizabeth Holmes will shut down facilities and shed more than 40% of its workers because that could help the company accelerate its shifts and get back on track to developing products that could be sold to other laboratories. Elizabeth Holmes is the CEO and founder of a privately-held blood test company.

To see more information visit: http://www.forbes.com/sites/luisakroll/2016/10/06/from-bad-to-worse-forbes-400s-biggest-drop-off-elizabeth-holmes-announces-more-grim-news/#653710925ecd

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