Posted on

Ro’s co-founder is leaving the company, last valued at $7 billion



Share

Ro’s co-founder and chief growth officer Rob Schutz is stepping back from his current role and will stay involved with the digital health company in an advisory role, TechCrunch has learned. The shift comes just weeks after Ro cut 18% of its staff to “manage expenses, increase the efficiency of our organization and better map our resources to our current strategy,” leadership wrote in an e-mail obtained by TechCrunch and confirmed by multiple sources.
“Ro has gotten to a scale where I can now confidently pass the baton to the teams in place to continue to grow, innovate and build the company from here,” Schutz wrote in an email sent to staff today. TechCrunch reached out to Ro for further comment, but had not ye …

Read More