MARCH 1, 2023 — 15% OF THE WORKFORCE TARGETED
Cerebral has announced plans to cut 15% of its workforce, an estimated 285 employees in a third round of layoffs in less than a year as it struggles to contain costs.
A spokesperson noted that the layoff decision is the culmination of Cerebral's efforts to reorganize the company to "refocus on the most important service offerings for our patients."
OCTOBER 31, 2022 — Original post…
San Francisco, California-based Cerebral, a telemedicine company specializing in providing remote mental health services, has announced an operational restructuring with a major 20% reduction in force as a response to reduced patient demand and lower growth estimates.
The layoffs will impact approximately 400 employees
According to Cerebral CEO Dr. David Mou,"Changes would be spread across all divisions, including headquarters, clinical-care teams, and support staff. These are challenging times for many companies. In order to continue to work towards our mission, we have a duty to our patients to ensure our business is healthy and sustainable throughout challenging economic times.”
The company, which advertises on social media platforms, has been under investigation by the Drug Enforcement Administration and the Department of Justice over its prescribing of controlled substances like Adderall and Xanax. "Cerebral offers therapy and counseling for conditions like anxiety, insomnia, and ADHD. Unlike some other online mental health services, it also offers prescriptions for controlled substances used to treat some of those conditions."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?