The announcement of a workforce reduction is typically a double-edged sword. On one hand, it can be seen as a company taking necessary steps to reduce costs and potentially improve profitability, which could be viewed positively by investors. On the other hand, it can also signal underlying issues within the company, such as reduced demand for its products or services, which could negatively impact investor sentiment. The short-term impact on HLTH's stock price could be neutral as the market digests the news and weighs the cost savings against the potential downsides.