Healthify cuts around 27 per cent workforce in restructuring exercise ...Middle East

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Healthify cuts around 27 per cent workforce in restructuring exercise
New Delhi, April 27 (IANS) Homegrown healthtech startup Healthify (formerly Healthifyme) has laid off around 27 per cent of its workforce, or about 150 employees, in a restructuring exercise, a media report said on Saturday. Employees from sales and product teams were impacted the most by the job cuts that happened earlier this week, Inc42 reported, citing sources. “In the next 3-4 months, our India business will turn EBITDA profitable and this restructuring was an unfortunate but important step in line with achieving this. We also have to make sure we have enough resource allocation for the global expansion,” Healthify co-founder and CEO Tushar Vashist was quoted as saying. In addition, th

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