23andMe reports sales decline day after announcing plans to cut 40% of workforce

23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business restructuring plan.The genetics company reported $44.1 million in revenue for the fiscal second quarter, down from$50 million in the same period last year. 23andMe's net loss narrowed to $59.1 million, or a$2.32 per share, from $75.27 million, or$3.17 per share, a year ago.The embattled genetic testing provider ...