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Buzzy healthtech startup Vial slashed an entire division weeks before a $67 million raise from General Catalyst. Insiders say they had no idea the layoffs were coming.

Summary by Ground News
Vial, which helps biotech companies run faster and more efficient trials, laid off an entire division in October. The cuts affected between 40 to 50 people, according to two former employees who spoke with Insider. The buzzy startup was founded in 2020 by Andrew Brackin and Simon Burns and has raised over $100 million.
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