Digital health company Thirty Madison lays off 10% of staff

Thirty Madison, a company that treats patients for a variety of chronic conditions through telehealth and its proprietary medications, has reduced its workforce by 10 percent, a spokesperson confirmed to Becker’s.

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The spokesperson didn’t comment further or identify the number of employees affected. The company’s LinkedIn page says it has between 501 and 1,000 staffers.

Thirty Madison has raised more than $209 million to date, according to Crunchbase, from funders including Johnson & Johnson Ventures. In 2021, the startup reached unicorn status and hired several former executives from large tech players.

The company also reportedly laid off 24 employees in May.

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