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Dubai News Club > Tech > 23andMe files for bankruptcy as CEO steps down
Tech

23andMe files for bankruptcy as CEO steps down

Press Room
Last updated: 2025/03/24
Press Room
Published: March 24, 2025
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DNA testing firm 23andMe has filed for Chapter 11 bankruptcy protection to help the company sell itself after years of financial difficulties. Anne Wojcicki, 23andMe’s co-founder and CEO, announced on X that she has resigned with immediate effect to become an independent bidder for the company, with chief financial and accounting officer Joe Selsavage stepping in as interim CEO.

“After a thorough evaluation of strategic alternatives, we have determined that a court-supervised sale process…

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