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Healthify lets go of 150 employees to increase profitability

Shortpedia

Content Team
Image Credit: newsbytes

Healthify, a Bengaluru-based healthtech start-up, has announced the dismissal of approximately 150 employees. This reduction, which represents around 27% of the company's total workforce, primarily impacts the sales and product departments. Tushar Vashist, Healthify's co-founder and CEO, verified these layoffs in a conversation with Inc42. He emphasized that this restructuring is an essential step, toward their goal of EBITDA profitability in India within the next three to four months, as well as ensuring sufficient resources for global expansion.