medial-logo

News Post

Livemint

Livemint

| 21d

Healthify lays off 150 employees to make India business profitable

HealthifyMe, a health and fitness firm, has laid off 150 employees as part of its restructuring effort to make its India business profitable and expand in the US market. The CEO, Tushar Vashist, stated that the goal is to achieve profitability in India in the next few months while ensuring enough resources for global expansion. This is the third round of layoffs for the company in the past two years. HealthifyMe had about 1,000 employees prior to this restructuring. Severance packages, insurance coverage, and job placement assistance have been provided to the affected employees.

placeholder-image
No Comments yet

Download the medial app to read full posts, comements and news.