Temporary staffing marketplace Nomad Health lays off 17% of employees

by | Feb 14, 2023 | Health Blog | 0 comments

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New York-based Nomad Health, which presents a web-based job portal for short-term healthcare staff, has laid off 17% of its workforce because it adjusts to the post-pandemic job market. 

Nomad gives a staffing market for short-term staff, 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 keeping with Forbes.

“Nomad Well being is an organization constructed round offering care — to clinicians, shoppers, sufferers and workers. Like so many corporations globally, we’ve got been confronting a significant shift within the post-pandemic economic system. We needed to realign our staffing to match the exercise available in the market, which is extraordinarily fluid. After chopping non-personnel-related spending and administration groups taking pay cuts, we made a troublesome choice to let go of 17% of our crew,”  an organization spokesperson advised MobiHealthNews in an e mail. 

“Our management crew 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 enhance primarily based on tenure, in addition to transitional healthcare protection and job placement providers.”

THE LARGER TREND

In June, Nomad scored a whopping $105 million in financing, bringing its complete elevate to greater than $200 million. The funding spherical got here lower than a yr after the corporate garnered $63 million in new equity and debt financing

Staffing shortages had been exacerbated by the COVID-19 pandemic, which has prompted some healthcare professionals to seek safe staffing standards to protect against high patient loads

A number of corporations within the digital well being house are attempting to deal with the necessity for extra healthcare staff, together with nurse staffing platforms IntelyCare, ShiftMed and Incredible Health and Dallas-based ShiftKey, a startup that connects healthcare staff and services 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 as a result of altering financial local weather.  

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