Melinda French Gates-Backed Startup Tia Cuts 23% Of Staff As Profit Pressures Mount Across Women's Health Industry

Company Overview - Tia, a women-focused healthcare company backed by Melinda French Gates, has reduced its workforce by 23%, eliminating approximately 72 positions across various divisions [1][2] - The workforce reduction affected multiple areas: 17 employees from the corporate division, 27 from clinical providers, and 28 from field support operations [2] Industry Context - The digital health sector is facing significant challenges, with several previously well-funded startups collapsing under financial pressure [3] - Notable examples include Forward, which ceased operations after raising over $650 million, and Walmart, which closed all 51 of its health centers due to insufficient revenue generation [4] Financial Strategy - Tia's leadership has recognized the need to accelerate its path to profitability in response to feedback from recent capital-raising discussions [5] - The company has experienced strong growth in membership, exceeding expectations for 2025, but continues to face industry-wide challenges such as high labor costs and reduced insurance reimbursement rates [6]