After a series of shocking events this past year, Theranos is effectively closing its labs and wellness centers. As a result, nearly half of its workforce has been laid off. This doesn't come as a surprise, as the company is facing numerous lawsuits, has lost its main partner, Walgreens, and was subject to a Congressional inquiry. 

Article source: https://techcrunch.com/2016/10/05/theranos-closes-its-labs-and-wellness-centers-lays-off-340/