Day Around the Bay Once-Hot 23andMe Closing SF Office, Laying Off 250 Employees
Oakland will clear a major homeless encampment on East 12th Street next week, part of ongoing efforts to tackle homelessness in the city. This decision follows recent encampment clearings at Lake Merritt and Mosswood Park, highlighting the city's commitment to addressing the crisis. In a significant corporate development, 23andMe, once valued at $6 billion, is closing its San Francisco office and laying off approximately 250 employees as it files for bankruptcy. Concerns have arisen about the company's data privacy practices, especially for past customers. Additionally, Related California's proposed 41-story tower at 530 Sansome Street has received no objections during its public comment period, allowing it to advance in the approval process.
This development would replace the existing San Francisco Fire Department Station No. 13, which would be relocated to the new structure. The proposed tower will include luxury hotel accommodations and extensive office space, suggesting a shift in the city's landscape. These developments reflect ongoing changes in both local governance and corporate landscapes in San Francisco.