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Heidi Health slashes 18pc of staff a day after two co-founders quit

The Australian Financial Review (AFR) •
November 04, 2026 • 11:00 PM
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“We just didn’t put people in the right spots,” says Heidi co-founder Thomas Kelly, as the start-up announces mass layoffs.

Heidi Health slashes 18pc of staff a day after two co-founders quit

Heidi Health, the heavily backed medical software unicorn that lost two co-founders on Wednesday, says it will axe 18 per cent of its workforce citing volatile sales and rising competition in the United States.

Heidi co-founder Thomas Kelly detailed the restructure to staff in Melbourne, one day after another major Australian software business, Canva, announced it would cut or relocate 22 per cent of its workforce .

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Same Story from Other Publications

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The Age
1w ago
AI start-up Heidi cuts jobs weeks after raising $475 million

AI start-up Heidi cuts jobs weeks after raising $475 million

The hyped Melbourne start-up is slashing more than 100 jobs in the same week two of its three co-founders said they were leaving the business.

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