Summary: U.S. women’s health startup Tia has laid off 23% of its workforce amid rising labor costs and tighter insurance reimbursements. The move reflects broader stress in health‑tech companies despite earlier investment surges.
Detailed Report: Tia, a U.S.‑based women’s health company backed by significant funding including from Pivotal Ventures, announced a workforce reduction of 23 % this week. The cuts impacted 17 corporate staffers (27%), 27 care providers (22%), and 28 field‑support employees (23%). CEO Felicity Yost attributed the move to tougher fundraising conditions, higher labour and operational costs, and the need to accelerate profitability. The company operates 11 clinics nationwide and previously raised over $100 million in Series B funding. Tia’s restructuring includes reduced executive compensation and a pivot to lower‑membership models and expanded virtual services. The layoffs add to a growing list of healthcare or tech‑enabled care companies that are retrenching after rapid growth.
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