Amazon reorganizes healthcare business, CNBC reports

June 13, 2025 10:41 AM PDT | By EODHD

Google News:

Amazon reorganizes healthcare business, CNBC reports — Image source: Kalkine Media

Recent News

Klein Funding and Bybit Partner to Launch a New Era of Crypto Prop Tra...

Freedom Holding Corp. Reports Fiscal Year 2025 Financial Results

Could the Air India Ahmedabad crash derail its turbulent revival?

Uncertainties persist in base metals market regarding US-China trade d...

(Reuters) -Amazon’s healthcare business will be divided into six new units as part of a restructuring effort after the company lost a handful of top health executives in recent months, CNBC reported on Friday, citing the company. The company has been working on an overhaul for the past several months, the report said, adding that the online retailer has not conducted any broad layoffs as part of the plan. Amazon (NASDAQ:AMZN)’s chief medical officer, Sunita Mishra, stepped down last month and another top executive, Aaron Martin, who has been the vice president of the healthcare unit, is also set to step down, the report said. Amazon did not immediately respond to a Reuters request for comment. The e-commerce giant has been expanding into the healthcare industry for years, starting with the acquisition of PillPack for $750 million in 2018 and the launch of Amazon Pharmacy in 2020.

Amazon bought One Medical for about $3.9 billion in 2023 to gain access to primary care clinics and a membership model. This reorganization follows a series of executive departures, including Vin Gupta, who served as chief medical officer of Amazon Pharmacy, and Trent Green, the CEO of One Medical. In February 2024, Amazon eliminated 115 jobs across its healthcare units, Neil Lindsay (NYSE:LNN), senior vice president of Amazon Health Services, said in a letter to employees. A person cited by Business Insider, which first reported the job cuts, estimated up to 400 employees could lose their jobs.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.