Teladoc lays off 6% of non-clinician staff

Virtual care company Teladoc is laying off 6 percent of its staff, or 300 positions, in its non-clinician workforce, MarketWatch reported Jan. 18.

CEO Jason Gorevic told employees in a letter that the cuts would target redundant roles as part of a plan to support Teladoc’s path toward profitability, according to the report.

The company expects the cuts to lead to a $6 million reduction in stock-based compensation for the first quarter of 2023.

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