Operations
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.
The company will use the funds to expand its services into other sectors of the healthcare market.
Tia opened another LA-based clinic with Cedars-Sinai, and the partners will set up three more brick-and-mortar clinics in Pasadena, Studio City and Culver City.
Dr. Taha Kass-Hout joins the newly spun-out company from Amazon Web Services.
The Drug Enforcement Administration says the digital pharmacy wrongfully distributed thousands of prescription stimulants for ADHD, including Adderall.
FundamentalVR adds four women to its executive team, Eleanor Health announces three new hires, and Cue Health appoints two members to its board of directors.
Akili, Oscar Health and Bright Health also post third quarter results.