Health Catalyst announces 9% global workforce reduction

In a regulatory filing, the company said, “As part of Project Nexus, a strategic initiative designed to fundamentally transform the company’s operating model, simplify its organizational structure, and align resources around its highest-conviction technology opportunities, our Board authorized a workforce reduction on April 24, 2026. The company expects this initiative to reduce its global workforce by approximately 9% and eliminate approximately 100 additional open, budgeted headcount positions across the US and India, collectively representing a meaningful reduction in the company’s cost structure. The company will provide further details regarding the impact of this initiative in its upcoming Quarterly Report on Form 10-Q.”