Babylon announces cost reduction actions to accelerate path to profitability

Austin, texas & london--(business wire)--babylon holdings limited (nyse: bbln) (“babylon” or the “company”), one of the world's fastest growing digital healthcare companies, today announced that it plans to accelerate its path to profitability through revenue and cost efficiencies, in response to changing market conditions. these efficiencies are being implemented during q3 2022, with the expected financial impact being predominantly from q4 2022 onwards. as a result, babylon is improving its a
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