New York-based Nomad Health, which gives a web based job portal for non permanent healthcare employees, has laid off 17% of its workforce because it adjusts to the post-pandemic job market.
Nomad supplies a staffing market for non permanent employees, permitting customers to seek for job openings nationwide, search by pay and specialty, apply for positions and handle their resume.
Alexi Nazem, CEO of Nomad, confirmed the corporate let go of 119 staff, in accordance with Forbes.
“Nomad Well being is an organization constructed round offering care — to clinicians, purchasers, sufferers and workers. Like so many firms globally, we’ve been confronting a significant shift within the post-pandemic financial system. We needed to realign our staffing to match the exercise out there, which is extraordinarily fluid. After reducing non-personnel-related spending and administration groups taking pay cuts, we made a tough resolution to let go of 17% of our group,” an organization spokesperson informed MobiHealthNews in an e mail.
“Our management group has met face-to-face with each single impacted worker, and we’ve provided a spread of severance packages beginning at six weeks’ pay, which improve based mostly on tenure, in addition to transitional healthcare protection and job placement companies.”
THE LARGER TREND
In June, Nomad scored a whopping $105 million in financing, bringing its complete increase to greater than $200 million. The funding spherical got here lower than a 12 months after the corporate garnered $63 million in new equity and debt financing.
Staffing shortages have been exacerbated by the COVID-19 pandemic, which has brought on some healthcare professionals to seek safe staffing standards to protect against high patient loads.
A number of firms within the digital well being house are attempting to deal with the necessity for extra healthcare employees, together with nurse staffing platforms IntelyCare, ShiftMed and Incredible Health and Dallas-based ShiftKey, a startup that connects healthcare employees and amenities with open shifts.
The layoffs at Nomad Well being come after a plethora of well being tech and digital well being companies have announced the need to let go of workers because of the altering financial local weather.
