Healthtech startup MediBuddy laid off around 200 employees

January 20, 2023

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Healthtech startup MediBuddy laid off around 200 employees earlier this week in a restructuring exercise.

While the sudden layoffs affected employees across departments, the sources added that the tech, product, sales, and operations teams were the hardest hit. Prior to the restructuring, MediBuddy had a total employee count of over 2,400. The startup stated that it would assist impacted employees in identifying potential job opportunities through out-placement services. Furthermore, it has designed a care package that includes MediBuddy wallet continuity for the affected employees’ health and wellness, as well as extended their health insurance. Over the last year or so, Indian startups have laid off over 20,000 employees.

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