Teladoc Health cuts 6% of workforce

Teladoc Health Inc said on Wednesday it has removed redundant roles and cut about 6 per cent or 300 jobs from its non-clinician global workforce.

These job cuts resulted from the combined implementation of the telehealth company's restructuring plans and previously announced cost-saving measures, some of which were implemented in the fourth quarter of 2022. The restructuring has also resulted in a reduction of office spaces in certain markets, but the company does not expect the quarterly cost-saving actions to have a material impact on its annual financial results.

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