Silicon Valley Covid-19 testing startup SummerBio is closing a lab and cutting 101 jobs


Covid-19 testing company SummerBio LLC is cutting what appears to be all or nearly all its staff, including its president and chief business officer.

The Menlo Park startup is laying off 101 workers — 74 permanent and 27 temporary — as part of the closure of its laboratory on 185 Constitution Dr., according to a letter it sent Tuesday to the California Employment Development Department. In addition to the two high-profile workers, others affected by the cuts include its medical director, its…

Previous Jay Price named EY Southeast Region Entrepreneur of the Year
Next Texas Original sells, leases back cannabis facility under construction in Bastrop

No Comment

Leave a reply

Your email address will not be published.