After raising $124 million, Sight Diagnostics on brink of closure after laying off all employees

Sight Diagnostics has laid off all its employees after raising $124 million, indicating a severe financial crisis that may lead to the company's closure. The layoffs reflect the company's struggle to maintain operations despite previous funding. The situation highlights the challenges faced by startups in the current economic climate, particularly in the health tech sector. As a result, the future of Sight Diagnostics remains uncertain, with no specific plans for recovery or rehiring.