Nomad Health Layoffs

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Healthcare staffing startup Nomad Health conducted its third round of layoffs in less than a year last week, continuing a difficult period for the company. While the exact number of employees affected this time was not disclosed, the startup had previously cut 25% of its nonclinical staff in October 2023 and 17% of its overall workforce in February of that year. These reductions are a response to shrinking hospital budgets and a broader market downturn that has pressured the healthcare staffing sector. Nomad Health, which last raised $105 million in venture capital in June 2022, is among several peers in the industry that have been forced to downsize as funding has tightened and hospital customers face financial constraints.

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