Fitness Company WHOOP Slashes Workforce By 15%

July 21, 2022

Wearable technology company WHOOP launched a round of layoffs Thursday that led to the elimination of 15% of its workforce.

The company’s high-tech fitness tracker has been embraced by world-class athletes like LeBron James, Tiger Woods and Michael Phelps, and partnerships with the PGA Tour and CrossFit. WHOOP had a valuation of $3.6 billion after its last funding round was completed nearly a year ago. FOS