23andMe , the embattled Bay Area genetic testing company, plans to permanently close its San Francisco office and lay off 250 employees as part of ongoing restructuring efforts following its Chapter 11 bankruptcy filing this year.
The closure, confirmed in a WARN notice filed with the California Employment Development Department, will take effect on June 17. The company’s office at 870 Market St. in downtown San Francisco will cease operations as part of a broader downsizing.
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The layoffs come after a tumultuous period for 23andMe, which has faced mounting financial difficulties in recent years.
In March, the company famous for its at-home DNA testing services filed for bankruptcy protection, signaling a sharp reversal for a business that was once valued at $6 billion…