Selena Gomez' Struggling Mental Health Startup Lays Off Nearly Two-Thirds Of Its Employees

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Selena Gomez' Struggling Mental Health Startup Lays Off Nearly Two-Thirds Of Its Employees

//health-fitness.news-articles.net/content/2025/ .. lays-off-nearly-two-thirds-of-its-employees.html

Published in Health and Fitness on Monday, May 12th 2025 at 19:02 GMT by Forbes
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Several employees spoke to Forbes about financial issues at Wondermind, the four-year-old mental health startup co-founded by the celebrity and her mom in a report Forbes published over the weekend. Now it's laying off most of its 15-person staff.

Selena Gomez's mental health startup, Wondermind, has laid off nearly two-thirds of its employees, reducing its workforce from 70 to 25, as part of a strategic restructuring to focus on core services and sustainable growth. The layoffs, which occurred in early May 2025, were described by the company as a necessary step to ensure long-term viability amidst challenges in the competitive mental health tech sector. Wondermind, co-founded by Gomez in 2022, aims to provide mental fitness resources and has been navigating the difficulties of scaling its operations while maintaining financial health. Despite the significant staff reduction, the company remains committed to its mission of supporting mental wellness and is exploring new partnerships and funding opportunities to bolster its offerings.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/jemimamcevoy/2025/05/12/selena-gomez-struggling-mental-health-startup-lays-off-nearly-two-thirds-of-its-employees/ ]

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