Healthify, a renowned health technology brand, has recently undergone a restructuring exercise, resulting in the layoff of around 150 employees. The majority of the job losses affected the sales and product teams. The move is aimed at making Healthify’s India business EBITDA profitable while expanding its offerings in the US market.
Key Points:
- Layoffs: Healthify fired 150 employees as part of this restructuring.
- Profitability Focus: The company aims to achieve profitability in its India operations.
- Global Expansion: Simultaneously, Healthify plans to expand its presence in the US market.
- Comprehensive Severance Packages: Impacted employees were offered comprehensive severance packages, extended insurance coverage, and job placement assistance.
Healthify provides smart meal plans personalized by expert nutritionists and customized workout plans with certified fitness coaches. Their app allows users to track daily calorie intake, weight goals, workouts, handwashing, water consumption, sleep monitoring, meal journal, and step count. Additionally, they offer AI-driven features like HealthifySnap (meal tracking) and AI Coach Ria (personalized health guidance) .
