Noom Layoffs
January 2023
Noom announced a layoff affecting 0 employees in January 2023. The company operates in the Fitness sector.
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Jan 25, 2023
About
Digital weight loss and behavioral health company Noom confirmed a new round of layoffs in January 2023, marking its third workforce reduction in less than a year. While the exact number for this latest cut was not disclosed, previous rounds were significant, including a layoff of about 500 employees, or 10% of its staff, in the fall of 2022. The company, which was valued at $3.7 billion in 2021, cited tough economic headwinds as the reason, stating it needed to ensure long-term momentum after a period of extraordinary growth. This series of layoffs coincides with broader challenges in the digital health sector and internal shifts, including a search for a new CEO.
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