Weight-Loss Telehealth Startup Calibrate Health Cuts 18% of Jobs

Weight-loss telehealth company Calibrate Health Inc. said it cut 18% of jobs as it pivots its business model amid growing competition.

The changes come as Calibrate is transitioning from offering obesity drug prescriptions to the general public to becoming a service that big companies partner with to provide benefits to their employees.

“Calibrate is accelerating our transformation into an Enterprise-first business,” the company said in a statement. “We will continue to grow our direct-to-consumer business responsibly.”

The cuts are the New York City-based startup’s second round of job cuts in nine months. The latest wave affects around 100 people, according ...