Cerebral Layoffs
October 2022
Cerebral announced a layoff affecting 400 employees (20% of its workforce) in October 2022. The company operates in the Healthcare sector.
400
20%
Oct 24, 2022
About
In October 2022, the telehealth unicorn Cerebral laid off approximately 400 employees, representing 20% of its staff, as part of a push for operational efficiencies and more sustainable growth. The SoftBank-backed digital health company, operating in the mental health care industry, primarily cut clinical staff and care counselors. This restructuring occurred amid ongoing scrutiny, including a Department of Justice investigation into its prescribing practices for ADHD medications like Adderall, which the company had since discontinued. Cerebral stated the layoffs were aimed at prioritizing clinical quality and safety while democratizing access to mental health care.
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