[ad_1]
Meditation and psychological well being firm Headspace Well being has confirmed it laid off 181 staff or about 15% of its workforce.
The cuts are the second spherical of layoffs for the corporate up to now 12 months. In December, it laid off about 4% of its workforce, or roughly 50 staff.
The corporate’s CEO, Russell Glass, introduced the current layoffs in an inner memo to staff, stating that the corporate underestimated how the present financial atmosphere would affect shopper conduct.
“With the privilege of supporting the psychological well being and wellbeing of hundreds of thousands of individuals all over the world additionally comes nice duty to deal with the well being of our enterprise and safeguard it for the longer term. On June twenty ninth, we introduced a number of essential adjustments to our technique and organizational construction at Headspace, together with lowering the dimensions of our workforce by 15%. These adjustments will equip the corporate for the longer term and pave a robust path to profitability. We’re deeply grateful for the workers we stated goodbye to and are dedicated to supporting them by means of this time of transition,” a Headspace Well being spokesperson advised MobiHealthNews in an e mail.
THE LARGER TREND
In 2021, Headspace Well being was fashioned by means of the merger of meditation app Headspace and psychological well being firm Ginger.
Because the union, the corporate has scooped up different psychological health-focused startups, together with Sayana, maker of AI-enabled psychological health-tracking and sleep apps, and Shine app, a psychological wellness platform targeted on culturally competent and inclusive choices.
In January, the digital psychological well being firm stated it will start providing its medical care companies to corporations within the U.Ok. and increase into different worldwide markets in 2023.
[ad_2]
Source_link