Click here to join our community of experts to get information on job search, salaries and more.

factory
Truepill
corporate_fare
Healthcare
where_to_vote
SF Bay Area
paid
Funding Stage - Series D
person
Layoff Count - 175

Posted on August 03, 2022

A Message from Truepill CEO, Sid Viswanathan

A Message from Truepill CEO, Sid Viswanathan

To say goodbye to colleagues and friends is heartbreaking, and decisions like this are never made lightly. But as we continue to evolve as an organization, and in order to deliver on our ambitious mission to transform consumer healthcare, it’s essential we move forward with clarity, purpose, and a focus on long-term sustainable growth and a path to profitability. We are impacting the health of millions and our mission has never been more vital.

For the past 6 years, we’ve been focused on defining a new category in healthcare and growing top line revenue, while continuing to expand our platform’s capabilities to serve the broader market. While this was the right strategy up through 2021, the markets have shifted and we must adapt. We know that our platform adds tremendous value for our clients and has a differentiated place in the market. It’s essential that we operate with a new level of financial discipline and prioritization, ensuring the longevity of Truepill for both our clients and our teams.