Alice

Brazilian healthtech company Alice conducted a new round of layoffs on December 8, 2022, dismissing 113 employees, which represents 16% of its total workforce. This cut affected all areas of the company and follows a previous layoff of 63 sales professionals just five months earlier. The company stated the restructuring aims to generate efficiency and adapt to a challenging global macroeconomic environment impacting tech firms. As a prominent startup that had raised a $127 million Series C round, Alice is shifting its strategy from aggressive growth to focusing on product evolution for its 11,000 members, ensuring long-term sustainability despite the difficult decision.

Healthtech Alice laid off 63 employees as part of a team restructuring, specifically within its sales department. The layoffs, confirmed by the company, represent a strategic adjustment following a period of significant growth and funding. Affected sales personnel will receive an extra month's salary, extended health coverage for two months, and standard severance packages. Additionally, 20 other employees were reassigned to different roles within the company. Alice, a health management startup offering an alternative to traditional health plans, recently secured $127 million in a Series C funding round in December, bringing its total investment to over $174 million in two years. This move aligns with a broader trend of workforce reductions among major Brazilian startups.