Operations
Women's health company Tia adds two women to its all-female leadership team, Ophelia appoints a chief commercial officer and chief operations officer, and Noom adds new leadership.
The three-year collaboration will focus on developing and implementing virtual reality tools for neurorehabilitation and chronic condition management.
The company has let go of approximately 35% of its workforce.
The company also announced it added over 450 primary care practices to its nationwide network for 2023.
Tasso received a CE Mark for its blood collection device, and MindMaze launched Izar, a smart peripheral to help improve a user's hand motor function.
A WTW survey of 232 U.S. employers revealed 88% of respondents plan to change their vendor partnerships in the next two years.
According to Forbes, the layoffs bring the company's employee count from 691 to 572.
Ali Parsa, CEO and founder of Babylon, discusses what the company learned from going public through merger with a special purpose acquisition company.
The layoffs affect less than 3% of the company's workforce.
The layoffs come weeks after the company said it will stop offering patient care services.