Population health technology company Color announced it had laid off workers as it pivots focus away from COVID-19 testing.
According to posts by former employees on LinkedIn, the company cut 300 jobs. Color CEO Othman Laraki confirmed the layoffs in his own post, saying the company was downsizing its teams focused on COVID-19 testing given the looming end of the public health emergency and reduced customer interest in pandemic-related services.
Laraki said the company would focus on its testing and telehealth infrastructure for government programs, and also its prevention tools for employers and healthcare purchasers.
“Amidst change, we will continue to support existing programs and increase access for underserved populations. With a reinvestment in our core business and the trust of our customers, we are focused on delivering high access, high impact population healthcare programs that help everyone lead the healthiest life that science and medicine can offer. While yesterday was a difficult day for our team, we are optimistic about our future as a company and the impact we will have,” he wrote.
