Mental health startup Cerebral to cut about 20% of workforce

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The Wall Street Journal reported earlier that the company, which provides mental health services through its telehealth platform, would be reducing its workforce to match lower patient demand and growth targets.

The restructuring would be spread across all of its division including clinical-care teams and support staff, according to the report.

The spokesperson for the unlisted company did not provide details on the company’s staff strength or the employees it plans to lay off.