FOXO Technologies Inc. has cut down its workforce from 22 to 15 as a cost-saving measure, also aligning its focus towards its Bioinformatics Services. Following a successful first tranche of a two-tranche private placement yielding $202,500, the company expects to operate through end of July 2023. The same amount anticipated from the second tranche, yet to finalize, is expected to fund the company's operations until mid-August 2023.