Women’s health startup Tia has eliminated nearly a quarter of its workforce amid ongoing financial pressures in the healthcare sector. The company, once a rising star backed by Melinda Gates, is restructuring to achieve profitability faster as venture capital expectations clash with healthcare economics.
Significant Staff Reductions at Women’s Health Startup
Women’s health startup Tia has cut approximately 23% of its workforce, according to reports from Business Insider. The company, which operates a hybrid model of in-person clinics and virtual care services specifically for women, implemented the layoffs across multiple departments this week.