HealthcareSE

Kry Layoffs

May 2022

Kry announced a layoff affecting 100 employees (10% of its workforce) in May 2022. The company operates in the Healthcare sector.

People Affected

100

Percentage

10%

Announced Date

May 17, 2022

About

Swedish digital healthcare company Kry is laying off approximately 100 employees, which represents about 10% of its office staff. The layoffs affect personnel at the headquarters, while the company's roughly 2,000 healthcare employees across Sweden and Europe are not impacted. This decision, part of a broader trend of cutbacks in the tech sector during 2022, is attributed to a need for more careful capital management. Despite the reductions, Kry plans to continue hiring in its healthcare services and expanding its physical clinics in Sweden and operations in France and the UK, aiming to have a larger total workforce by year's end. The company, Europe's largest digital healthcare provider, cites a shift in focus back to core operations and sustainable investment as reasons for the restructuring.