Posted on August 04, 2022
Alto Pharmacy, an online delivery startup for prescription drugs, laid off 47 employees (6%), a company executive told Layoffs.fyi. The San Francisco-based startup is just months removed from a $250 million funding round led by Softbank.
The COVID-19 pandemic has been a boon to telemedicine and prescription delivery startups in general. With fresh funding in the bank and the tailwinds of the pandemic, it’s not clear why Alto needed to perform a layoff.
https://discord.gg/GUPad7ETad