Get the latest tech news
Virtual physical therapist Hinge Health lays off 10% of its workforce
The 9-year-old Hinge Health offers a digital solution to treat chronic musculoskeletal (MSK) conditions and was last valued at $6.2 billion in October 2021.
Hinge Health, a 9-year-old company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions, has cut approximately 10% of its workforce on Thursday, TechCrunch has exclusively learned. “As we continue to reimagine musculoskeletal care, we are also committed to building a long-term sustainable business,” a company spokesperson said in a statement. The company’s main competitor is General Catalyst and Khosla Ventures-backed Sword Health, which was last valued at $2 billion in November 2021.
Or read this on TechCrunch