Cue Health, a San Diego-based medical tech company, announced Wednesday that it’s laying off about half of its already-sharply shrunken workforce. The 230-worker layoff round continues a brutal trend at Cue, whose COVID-19 tests were used by Google, the NBA and the Department of Defense during the pandemic. The company soared in value and headcount during those years, and it went public at a $2.3 billion valuation in November 2021. But Cue has since had to slash its workforce amid far lower... Read this story
