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I appreciate you sharing your experience and sincerely thank you for your time and contributions as a valued team member at Health Catalyst.
As has also been the case for a number of annual planning cycles over each of the past several years, there have been some team member reductions in certain areas, just as it is likely that there will be areas of increased investment as part of every annual planning cycle. This is a practice that occurs at most large, financially sustainable companies as part of their annual planning processes and should not come as a surprise to team members as it occurs.
Importantly, even though this is uncomfortable, we remain committed to communicating the expectation, which we have shared more than a dozen times over the past several years, that we expect that there will be some level of reductions, including team member position reductions, as part of every annual planning cycle. With this, we also strive to be in a position to provide generous severance and rally to support affected team members.
We are also grateful to have provided meaningful base salary increases in late 2024, which followed another meaningful companywide base salary increase in mid-2023 for our team members. These were top priorities in our annual planning cycles, even in challenging times. While we remain committed to upholding our value of transparency when communicating our annual planning process and related decisions, I’m confident we are far from perfect, and we can make improvements here.
I wish you the best of luck in your future endeavors. – Dan Burton