Otonomo to lay off dozens of employees after losing over 90% of value

We are grateful for the many contributions that our departing colleagues have made to help us advance our mission to harness the microbiome to serve patients," Smith wrote.
Finch expects the restructuring to be substantially complete by the end of the year, Smith added. In public documents filed with the U.S. Securities and Exchange Commission, the company said it estimates that it will incur approximately $1.6 million in costs, including one-time severance payments.

"The restructuring is part of an ongoing strategic review of the company's business and portfolio and follows the compan

*Source: https://www.bizjournals.com/boston/news/2022/09/01/finch-microbiome-cuts-50-jobs-takeda.html