Headway lays off 24 Employees

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Headway, the mental health startup based out of New York has cut back on its current staff. 24 employees seem to have been impacted by these layoffs.

Though the company hasn’t made an official announcement yet, impacted employees are sharing their stories on LinkedIn. The company has a total of 415 employees as per their LinkedIn page, which makes it roughly 6% of the workforce being laid off.

Headway raised their last round of funding for $70 million in a Series B round from Accel and 3 other investors early last year.

In the LinkedIn post mentioning the layoffs – The impacted employee mentions The layoffs at the startup due to the rapidly changing market.

Layoffs tracker has reached out to the company for comments – and is still awaiting confirmation as of this article.

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