HealthcareUS

Calibrate Layoffs

July 2022

Calibrate announced a layoff affecting 156 employees (24% of its workforce) in July 2022. The company operates in the Healthcare sector.

People Affected

156

Percentage

24%

Announced Date

Jul 8, 2022

About

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.