🌎 New York City ∙ 👩 28 employees (25%) ∙ 🖥 All departments
Cadre, an online marketplace for commercial real estate investments, laid off 28 employees (25%) last week. The company, which makes money in part from up-front transaction fees, has been hurt by the sudden slowdown in the real estate market. Cadre is offering laid-off employees health insurance through the end of 2020 and an extension of the post-termination exercise period on vested stock options to two years.
See link below 👇for an opt-in list of employees laid off across Cadre’s sales, product, engineering, people, and finance departments.
Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.