Hybrid provider Carbon Health lays off 250 employees

Carbon Health is laying off 250 employees, about 8% of the hybrid care provider's global workforce, according to a message from CEO Eren Bali. Bali wrote that the company's core business grew four times last year, but Carbon had been drawing "significant" revenue from COVID-19-related services. Additionally, Bali said Carbon had been focused on revenue growth, patient acquisition and retention, and service expansion over the past few years, and it planned to shift its target to becoming profitable.