The digital health market can be turbulent, and some companies have made recent cuts.
Here are five digital health companies laying off workers since March 2:
- Digital biotech company Emerald Cloud Labs cut 30 jobs and closed its San Francisco offices.
- Pear Therapeutics laid off 170 workers and filed for bankruptcy.
- Health tech company CoverMyMeds laid off 815 workers and closed one of its offices.
- Digital therapeutics company, Better Therapeutics, laid off 35 percent of its workforce.
- Health tech company Color Health laid off 300 employees as it moves away from COVID-19 testing.