San Francisco molecular diagnostics startup Counsyl, known best perhaps for its efforts in promoting carrier screening, said it has laid of 27 employees.
The Peter Thiel-backed upstart has raised more than $100 million, and employs more than 400. The layoffs are in sales support, marketing, design and engineering. The decision was made in order to “structure the company around advancing our relationships with clinicians and medical providers,” CEO Ramji Srinivasan said in a statement to Fast Company.
Beyond carrier screening, the company offers next-gen sequencing-based prenatal testing, inherited cancer screening. Srinivasan said in the statement that the company has “double-digit” growth in carrier screening, as well as “rapid uptake” in the NIPT and cancer screens – so the layoffs aren’t a result of poor performance.
