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HomeCompaniesCalibrate

Calibrate

🇺🇸 United StatesHealthcare
Total Affected

157

Total Events

2

Layoff History

4/14/2023US

0

affected

Calibrate, a weight-loss telehealth startup based in New York City, laid off approximately 100 employees, representing 18% of its workforce, as it shifts its business model amid rising competition. This marks the company's second round of job cuts in nine months, following a 24% reduction in July. The company is pivoting from offering obesity drug prescriptions directly to consumers to focusing on enterprise partnerships, where it provides benefits services to large companies. While it will maintain a direct-to-consumer presence, the move reflects strategic adjustments in the competitive telehealth and wellness industry.

18%
7/8/2022US

156

affected

Calibrate Health Inc., a New York-based health-tech startup founded in 2019, laid off 156 employees on July 8, representing 24% of its 652-person workforce. The company, which raised $100 million last year and focuses on treating obesity through lifestyle and medication programs, implemented the restructuring to extend its financial runway and accelerate its path to profitability. The job cuts affected roles across the organization as the early industry leader aims to move closer to sustainable operations.

24%
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