Virtual behavioral health startup Brightline is conducting

 

Virtual behavioral health startup Brightline is conducting a second round of layoffs, reducing its workforce count by 20% again after firing the same percentage of employees in Nov. 2022. The firm reportedly reduced its corporate roles to accommodate more clinical and client-facing employees, including therapists, psychiatry providers, coaches, and member support agents. The layoffs will put the company in a strong position for the future. To date, the firm has secured $212M in venture funding, of which $115M came through a Series C round last year. Brightline recently hired Dr. Myra Altman as its new chief clinical officer. Last month, the company witnessed a ransomware data breach that impacted third-party vendor Fortra's GoAnywhere file transfer software, potentially compromising the contact information and details of 27,742 users.