DNA testing company 23andMe filed for bankruptcy protection and announced the immediate resignation of CEO and co-founder Anne Wojcicki, according to The Wall Street Journal. The company will attempt to sell itself under court supervision, and it will continue operations during the process. California’s Attorney General issued a consumer alert urging users to delete their data due to the company’s financial distress.23andMe has struggled to profit since going public in 2021, facing challenges like a 2023 data breach. All board members but Wojcicki resigned last summer, citing a lack of acceptable buyout offers.
