Startup once worth $9 billion lays off 155 employees
One-drop blood test company Theranos, which was once worth $9 billion, has laid off 41% of its workforce or 155 employees. This follows the firing of 340 employees in October last year. The startup has been facing regulatory setbacks and lawsuits pertaining to the accuracy of its tests, with US' health agency declaring that Theranos put patients in "immediate danger".