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From: <janmallen@att.net>
To: IAJGS Leadership Forum <leadership@iajgs.org>
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Date: Wed, 5 Feb 2020 23:34:18 -0800
Subject: [IAJGS Leadership] Ancestry Announces a Reduction in the Company's Workforce.
Ancestry’s president and CEO, Margo Georgiadis, announced a 6 percent reduction in the company’s workforce blaming a slowdown in consumer demand for the company’s DNA service over the past 18 months. Over sixteen million people have taken a DNA test with Ancestry and the statement says 30 million people worldwide have taken a NA test with some company, not only Ancestry.
Ancestry is not the only DNA company that has noticed a slowdown in consumer demand for DNA testing. Georgiadis said, “Future growth will require a continued focus on building consumer trust and innovative new offerings that deliver even greater value to people.” … “Future growth will require a continued focus on building consumer trust and innovative new offerings that deliver even greater value to people.”
To read the statement see:
Jan Meisels Allen
Chairperson, IAJGS Public Records Access Monitoring Committee
