Ancestry Lays off 6 Percent of Employees due to Consumer Slump

Feb 06, 2020

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NEW YORK – Ancestry has laid off 6 percent of its workforce because of a downturn in its AncestryDNA consumer genomics service business.

CEO Margo Georgiadis said in a blog post on Wednesday that the company has "seen a slowdown in consumer demand across the entire DNA category" over the past year and a half.

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Ancestry Lays off 6 Percent of Employees due to Consumer Slump

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