layoffs

A man leaving an office carrying a box of his belongings.
By  Emily Olsen 05:17 pm December 13, 2022
Health data startup Komodo Health has laid off 9% of its staff as part of a larger restructuring of its business. The COVID-19 pandemic created opportunities for the analytics company, Komodo’s cofounders Arif Nathoo and Web Sun wrote in a message to employees that was also posted on LinkedIn. But the current economic environment is forcing its customers to seriously consider their purchasing...
Person looking at needles
By  Jessica Hagen 02:41 pm December 6, 2022
Clinical trial workflow platform OneStudyTeam, a Reify Health company, has laid off 160 employees, or approximately 25% of its workforce. "We can confirm that we made the very difficult decision to let some of our team members go. Each and every person played a role in building OneStudyTeam, and we are grateful for their contribution to our mission of accelerating the development of lifesaving...
A worker holding a box with belongings
By  Emily Olsen 01:00 pm November 17, 2022
AI-backed genomic and clinical data company Sema4 announced this week it would exit the reproductive health testing business, shut down its lab in Stamford, Connecticut, and lay off about 500 employees. The company said it would complete its departure from the segment in the first quarter next year. It will now employ about 1,100 workers. According to a WARN Act Notice filed in Connecticut, the...
A worker holding a box of his belongings.
By  Emily Olsen 12:05 pm October 26, 2022
Antidote Health confirmed it has laid off staffers this week, about seven months after the telehealth startup announced its $22 million Series A round of funding.  According to reporting by Calcalist, the company has let go of about a third of its workforce, with most cuts coming from its research and development team. Antidote offers virtual primary care, mental healthcare and hypertension...
Three smartphones displaying the Noom app.
By  Emily Olsen 11:58 am October 14, 2022
Noom confirmed another round of layoffs at the digital weight loss company this week, the latest in a spate of workforce reductions at health tech companies. According to reporting by TechCrunch, Noom let go of about 500 workers, or around 10% of its staff, largely affecting its coaching team.  This marks the second round of layoffs at the company this year. Insider first reported in April that...
A person running on a Peloton treadmill
By  Emily Olsen 12:19 pm October 7, 2022
Peloton has laid off another 500 workers, the latest in a string of job cuts as the connected fitness company executes a major financial turnaround plan. First reported by The Wall Street Journal, the latest layoffs make up 12% of Peloton's remaining workforce. According to the WSJ, CEO Barry McCarthy, who took on the chief executive role in February, said he was giving Peloton another six months...
Person working at a desk.
By  Jessica Hagen 09:12 am September 22, 2022
Calif.-based startup Curative offers COVID-19 testing and vaccination services throughout the U.S., but as testing needs have lessened, the company is shifting its focus to launching a new health plan. Due to the course change, the company is laying off 109 employees in early November.  The company filed a Worker Adjustment and Retraining Notification Act notice with the state of California. WARN...
A person using GoodRx on a desktop.
By  Emily Olsen 12:43 pm September 2, 2022
GoodRx, a company best known for its prescription price transparency tools, will lay off approximately 140 employees, making up about 16% of its workforce. According to a filing with the Securities and Exchange Commission, the reduction will primarily affect its technology-focused and marketing segments. "The company is focused on efficiently growing its core prescriptions business, accelerating...
A worker holding a box of his belongings.
By  Emily Olsen 01:11 pm August 16, 2022
Sema4 announced Tuesday the AI-backed genomic and clinical data company was laying off around 250 workers, about 13% of its workforce, as part of a larger restructuring.  Combined with earlier layoffs from the first half of the year, Sema4 said it has cut approximately 30% of the jobs from its legacy business. Additionally, founder Eric Schadt is stepping down from his roles as president and...
A close-up of a person using the Calm app on a smartphone.
By  Emily Olsen 01:43 pm August 15, 2022
Calm, the company behind the meditation, stress and sleep app, has laid off 20% of its staff, according to a memo sent to employees on Thursday.  The Wall Street Journal reported that about 90 workers lost their jobs, and that Calm employed about 400 people. The memo from CEO David Ko said the company is "not immune to the impacts of the current economic environment."  "We did not come to this...