«Health data startup Komodo Health has laid off 9% of its staff as part of a larger restructuring of its business.»

«The COVID-19 pandemic created opportunities for the analytics company, Komodo’s cofounders Arif Nathoo and Web Sun wrote in a message to employees that was also posted on LinkedIn. But the current economic environment is forcing its customers to seriously consider their purchasing decisions.»

«As a business, we continue to be well positioned to weather these changes – we provide critical visibility into the healthcare system to support the strategic decisions enterprise healthcare leaders need to make,» they wrote. «That said, we have a responsibility to all of you – our team and shareholders – to invest responsibly in that growth. We have always prided ourselves on running a capital efficient business, and today we’re taking steps to ensure that we are well positioned for the current world around us.»

Article written by Emily Olsen



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