Pear Therapeutics Layoffs
April 2023
Pear Therapeutics announced a layoff affecting 170 employees (92% of its workforce) in April 2023. The company operates in the Healthcare sector.
170
92%
Apr 7, 2023
About
Pear Therapeutics, a pioneering digital therapeutics company, has filed for Chapter 11 bankruptcy and is terminating 170 employees, representing about 92% of its workforce. The Boston-based firm, which went public in 2021, will continue operating with a skeleton crew of 15 employees as it seeks a buyer for its assets. This drastic move follows the company's struggle to build a sustainable business model for its software-based treatments, having previously conducted layoffs and paused pipeline development in 2022 after failing to secure necessary funding.
More Healthcare Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl