HealthcareUS
Medly Layoffs
September 2022
Medly announced a layoff affecting 0 employees (50% of its workforce) in September 2022. The company operates in the Healthcare sector.
People Affected
0
Percentage
50%
Announced Date
Sep 7, 2022
About
Pharmacy startup Medly is cutting nearly half its workforce, laying off around 200 employees as part of a restructuring effort. The company, which operates in the health care and technology industry, had grown rapidly but is now scaling back to streamline operations and focus on profitability. This significant reduction, announced in September 2022, reflects broader challenges in the startup sector amid shifting market conditions.
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