Behavioral Health Business January 18, 2024
Array Behavioral Care has laid off at least 10% of its workforce as it takes shape under new management and new investors.
At the end of November, the Mount Laurel, New Jersey-based virtual psychiatry and therapy provider restructured the company, resulting in layoffs. Meanwhile, the company has undergone a significant shakeup in its leadership team over the past year. A representative of the company confirmed the layoffs.
On Sept. 6, Array Behavioral Care announced the appointment of three new c-suite executives: Shannon Werb, CEO; Dr. Sara Gotheridge, chief medical officer; and Ben Schlang, chief financial officer. That news came about eight months after Array Behavioral Care closed a $25 million funding round led by CVS Health Ventures, announced in January...