Weight loss company Noom lays off hundreds

Noom, a digital weight loss company, confirmed it was laying off employees as it undergoes a business transition.

The company did not specify the number of employees being let go, but it was first reported by TechCrunch to be around 500 people, or 10% of its total staff.

It’s the second major layoff of this year for Noom. In April, it laid off around 500 employees, mostly its health coaches. After its first round of job cuts, the company…