---
schema_version: "secwatch.filing_event.v1"
accession: "0001628945-24-000009"
form_type: "8-K"
ticker: null
cik: "0001628945"
company_name: "Cue Health Inc."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:20:43.254752+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cue Health cuts 151 jobs (~24% workforce) in new cost reduction plan

## Summary
- Reduction of 151 employees, roughly 24% of global workforce.
- Estimated cash restructuring charge of $3.2M–$4.0M; non-cash charge ~$0.1M for RSU acceleration.
- CRP follows prior cost reduction plans from Jan 2023, Apr 2023, and Jan 5, 2024.
- Employee terminations expected by late March 2024; payments through Q3 2024.
- Severance includes cash payment, healthcare continuation, and potential RSU acceleration.

## SEC filing metadata
- accession: 0001628945-24-000009
- form_type: 8-K
- cik: 0001628945
- company_name: Cue Health Inc.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628945/000162894524000009/0001628945-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628945/000162894524000009/hlth-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628945-24-000009
- JSON: https://secwatch.observer/filing/0001628945-24-000009.json
- Plain text: https://secwatch.observer/filing/0001628945-24-000009.txt

## Key facts
- Restructurings & Charges
  Cue Health Inc. announced a restructuring with charges of in the range of approximately $3.2 million to $4.0 million (151 employees, which constitutes a reduction of approximately 24% in the Company's global workforce).
  - Type: restructuring
  - Charge: in the range of approximately $3.2 million to $4.0 million
  - Headcount: 151 employees, which constitutes a reduction of approximately 24% in the Company's global workforce
  source text: In connection with the CRP, the Company estimates that it will record an aggregate restructuring charge related to one-time termination benefits in the range of approximately $3.2 million to $4.0 million. The substantial majority of these charges will result in cash expenditures. Cash expenditures in connection with the CRP consist of payments for salary,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628945/000162894524000009/0001628945-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.