layoffs

Person sitting on their couch speaking to a healthcare provider on a tablet
By  Jessica Hagen 11:21 am July 24, 2023
AI-backed remote monitoring and digital therapeutics company Biofourmis confirmed it laid off 120 employees worldwide, including 48 workers in the U.S. The Boston-based company offers home care tools to help remotely monitor acute and post-acute patients, then alter a care team when a patient's condition changes from their personal baseline. It also offers digital therapies, including a heart-...
Two people standing in a room looking at something on a desk while standing above it
By  Jessica Hagen 06:28 pm July 5, 2023
Meditation and mental health company Headspace Health has confirmed it laid off 181 workers or about 15% of its workforce. The cuts are the second round of layoffs for the company in the past year. In December, it laid off about 4% of its workforce, or approximately 50 workers.  The company's CEO, Russell Glass, announced the recent layoffs in an internal memo to employees, stating that the...
Healthcare provider sitting at a desk and looking at a computer
By  Jessica Hagen 01:09 pm May 8, 2023
Pediatric virtual behavioral health company Brightline announced a second round of layoffs in less than a year, again affecting 20% of its workforce. The California-based company let go of 20% of its workforce in November, months after announcing an additional $10 million raise, bringing its total Series C funding to $115 million.  "As we continue to expand our team of therapists, psychiatry...
Several people sitting around a table
By  Jessica Hagen 04:53 pm March 27, 2023
Better Therapeutics, a prescription digital therapeutics platform, has laid off approximately 35% of its workforce due to a cost reduction initiative, according to a U.S. Securities and Exchange Commission filing on Friday.  The company provides cognitive behavioral therapy to address diabetes, hypertension and other cardiometabolic diseases. Per the SEC filing, the company expects to incur...
A worker holding a box of belongings.
By  Emily Olsen 02:51 pm March 7, 2023
Accolade, which offers virtual healthcare, as well as care and benefits navigation services, will cut staff and downsize its office footprint, according to a filing with the Securities and Exchange Commission.  The company declined to comment on the number of employees affected by the layoffs. In the filing, CFO Stephen Barnes wrote Accolade was "accelerating the integration of recent...
A provider conducting a COVID-19 test.
By  Emily Olsen 10:56 am March 3, 2023
Population health technology company Color announced it had laid off workers as it pivots focus away from COVID-19 testing. According to posts by former employees on LinkedIn, the company cut 300 jobs. Color CEO Othman Laraki confirmed the layoffs in his own post, saying the company was downsizing its teams focused on COVID-19 testing given the looming end of the public health emergency and...
Person on a telehealth call on their laptop
By  Jessica Hagen 10:29 am March 1, 2023
Digital mental health platform Cerebral announced it's letting go of 15% of its workforce in its third round of layoffs since last summer.  In a LinkedIn post, the company's CEO David Mou confirmed the layoffs, saying the reduction was a business decision to align with company needs and not associated with individual performance. "As a young company, we grew quickly to support a rapidly growing...
Numerous people sitting around a table
By  Jessica Hagen 11:11 am February 17, 2023
Collective Health, a health benefits management platform, has laid off 54 employees as it arranges its workforce to better align with customer needs.  The company's CEO, Ali Diab, announced the layoffs on LinkedIn, saying the employees were being let go due to a "workforce reduction," while urging companies that may encounter those employees during the hiring process to provide them with "strong...
Healthcare workers standing in a hallway talking
By  Jessica Hagen 10:29 am February 14, 2023
New York-based Nomad Health, which offers an online job portal for temporary healthcare workers, has laid off 17% of its workforce as it adjusts to the post-pandemic job market.  Nomad provides a staffing marketplace for temporary workers, allowing users to search for job openings nationwide, search by pay and specialty, apply for positions and manage their resume.   Alexi Nazem, CEO of Nomad,...
Healthcare provider on a tablet
By  Jessica Hagen 01:25 pm February 7, 2023
Digital mental health company Mindstrong is laying off 128 employees and permanently closing its headquarters in Menlo Park, according to a California WARN notice. According to reporting by Behavioral Health Business, the layoffs will include many of the company's C-suite executives, including its CEO, chief technology officer and chief financial officer. Mindstrong offered 24/7 virtual mental...