---
schema_version: "secwatch.filing_event.v1"
accession: "0001628945-24-000075"
form_type: "8-K"
ticker: null
cik: "0001628945"
company_name: "Cue Health Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:54:09.458754+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cue Health cuts 230 jobs (49% of workforce) in new cost reduction plan

## Summary
- New cost reduction plan (CRP) implemented May 1, 2024 reducing global workforce by 230 employees, or ~49%.
- CRP follows prior cost reduction plans announced in Jan 2023, Apr 2023, Jan 2024, and Jan 2024.
- Company states it is unable to estimate restructuring costs or ranges at this time; will amend 8-K later.
- CRP intended to narrow focus on core technology and improve operational efficiency.

## SEC filing metadata
- accession: 0001628945-24-000075
- form_type: 8-K
- cik: 0001628945
- company_name: Cue Health Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628945/000162894524000075/0001628945-24-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628945/000162894524000075/hlth-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628945-24-000075
- JSON: https://secwatch.observer/filing/0001628945-24-000075.json
- Plain text: https://secwatch.observer/filing/0001628945-24-000075.txt

## Key facts
- Restructurings & Charges
  Cue Health Inc. announced a restructuring (a reduction in the Company’s employee base by 230 employees, which constitutes a reduction of approximately 49% in the C).
  - Type: restructuring
  - Headcount: a reduction in the Company’s employee base by 230 employees, which constitutes a reduction of approximately 49% in the C
  source text: The CRP will include a reduction in the Company’s employee base by 230 employees, which constitutes a reduction of approximately 49% in the Company’s global workforce.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628945/000162894524000075/0001628945-24-000075-index.htm

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