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Theranos employees struggle to put a scandal behind them



Welcome to life after Terranus.

At its peak in 2014, the launch of the blood tests was a favorite of the Silicon Valley. According to reports, Theranos is estimated at $ 9 billion, a Walgreens retail partnership, and a board made up of politically hefty specialists like Henry Kissinger and George Schulz. Hundreds of employees joined the company to help them meet their ambitious mission of creating a cheaper and more effective alternative to traditional medical tests.

Today, some of these employees are still trying to move forward from a company that is now a household name for mistaken reasons. These efforts can be compounded by Hollywood's interest in history, including the new HBO documentary. this month, ensuring that the scandal with Theranos remains very much in the public eye.

While some of the former employees of Theranos landed in top-tech companies like Facebook and Amazon, others were in a state of uncertainty, spending months or even years trying to secure new jobs with the company's stains on their summary.

  The documentary of HBO Theranos enters in the secret, failed company

The people who have the most problems are the ones who worked in the company for long time or higher levels in certain departments, according to interviews with outside cadres and seven former employees. Most of the former employees talked to CNN Business on condition of anonymity because of concerns about ongoing court proceedings or their names publicly related to the company.

A former employee of Theranos recalled that he had declared that he had left his job. The employer told him he was "the most qualified candidate" before adding "except this." Then the recruitment officer put his thumb on the word "Teranos" on the copy of his resume standing on the table. Since then, former employee has been dismissed for several jobs and is still looking.

Others who have been interested in companies are still hesitating about their next moves. Gianina Dong, a former recruitment manager at Theranos, who left in 2017, has so far chosen to consult rather than take up a full-time job. One of the reasons, she says, is "because I have guessed my own judgment" about where to work after I could not see Terranos about what it was.

"I think many of us were in denial"

A great deal of attention to date rightly focuses on the ways in which Teranos and Holmes cheat investors and patients whose health is posed But some former employees say they have also been left in the dark, both for the viability of technology and for the company's financial standing.

This case may be more difficult for those who have worked there longer, become higher or left in the company long after the initial reports raised concerns about his technology. In the summer of 2016, months after the first Wall Street Journal report and more than a decade after the company was founded, Theranos still hired between 700 and 900 people.
  Sam Wally, a partner of the Riviera Partners recruitment firm, said that one company said he could not hire a Theranos employee, even if he or she was

"There are people who came out of Terranos first and foremost to fall down." These people managed to do well " , says Erica Cheung, a former Terranos lab worker, Medicare Centers and Medicaid Services, to look at the company. – And then there are people who have been left for a very long time. Cheung has been working for the company for less than a year and remains before the investigative reports

. Explanations and justifications vary with employees who have been there for years.

"They really kept people in their own little bubbles," says a former employee who has been dismissed for multiple jobs. "I think many of us were in denial," said another former employee who continued to work in the company after the Wall Street Journal. "I know I've been to some extent."

This erroneous belief in Terranos has come up with some personal and professional expenses. A former employee said the stress from all media inspections of the company led to burnout. "I took six months after the dismissal to overcome this," she said. – I was exhausted, emotionally and physically. The employee who has since hired a new job recognizes that this holiday is a luxury he may not have had.

Another former employee said he worked with a young start just to break up after telling him that the Theranos genealogy could make it harder for the company to raise money. The former employee is now looking for "new career opportunities" outside his sphere of competence after hitting a "road blockade" in his job search. "These doors are currently closed," the former official said. "It's just a pity."

"Obviously there is skepticism," said Sam Wally, a partner in the recruitment of Riviera Partners, which works with technology companies such as Uber and WeWork. At one point, Wholley said he was told by a company that even if a Theranos employee was "the best man in the world," he still can not hire him. The reason, as he summed up the company's thinking: "My board will kill me."

CNN Business has reached a dozen technology and biotech companies about their positions for hiring former Theranos personnel. Many companies, including Verily, the Alphabet Life Sciences Department and Regeneron Pharmaceuticals, said they lacked any formal or informal policy that would prohibit hiring someone with Theranos on their resumes.

  Theranos lab in San Francisco, April 12, 2015

However, employees continue to remember the impression that their work with Theranos might create. Patrick O'Neal, Former Chief Creative Director of Theranos from 2014 to 2017, said he had removed much of his promotional work for the company from his professional website. "The potential for public consumption can lead to a lot of criticism," he said. [Theranos] ultimately hurt many people. "

Last March, the Securities and Exchange Commission charged Terranos and Holmes with" huge fraud "involving more than $ 700 million raised by investors, ATV accused Holmes and Terranos of" cheating "investors and the media, that his portable blood analyzer "can carry out whole blood tests of blood drops, revolutionizing the blood test industry," when in fact it can complete only a small number
Holmes establishes with the SEC by agreeing to pay a fine give up control of Theranos, but she and k three months later, Holmes was charged with allegations of federal body fraud and descended from Terranos, and could be sentenced to a maximum of 20 years in prison, and the company remains the subject of an ongoing criminal investigation by the Ministry of Justice [19659031] Elizabeth Holmes's lawyer refused to comment on this story. Holmes was not found guilty of wire fraud and conspiracy to commit corporal fraud. Theranos attorney did not respond to multiple requests for comment. [196590034] [196590034] Many people who worked there now hope the public conversation on the company simply transmits them.

The former employee who had been given a sobering conversation by the recruiter recalled reading Bad Blood, Theranos final book by Wall Street reporter Jerry John Kerryu of his Kindle application when he first came last May.

"The first thing I did was look for my name," he said. – And happy, I was not in the book.

  Patrick O'Neill, former Theranos Chief Creative Director, says he has removed much of his promotional work for the company from his professional website.

Since then, the 60-minute segment of Theranos, podcast of ABC and Alex Gibney's upcoming documentary about the company broadcasting this month on HBO called "Inventor: Blood "Actress Jennifer Lawrence is also expected to play Holmes in a Bad Blood based movie (CNN and HBO McMorgan WarnerMedia.)

" I have friends who call me on a weekly basis and say, "I have to you are happy that you are not in this podcast, "said former ex-employee

The former official said there was a sense of" horror "about and every new media event around Terranos. "You really do not want to remind yourself of all this. Most of them are quite depressing.

It can also have the effect of lengthening what Wally, the tenant, called the "cooling period". "before the public perception of a company like Terranos and the people who worked there, begins to change – if ever it happens."

"I expect to be years – a few years," Wally said. But, as he points out, "If you were a senior manager at Enron … and since then you have had six jobs, someone will look at your resume and think about it."


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