Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.
🏢 Shopify ∙ 🌎 Ottawa ∙ 👩 30-50 employees ∙ 🔗Source
- An e-commerce platform that allows anyone to set up an online store, Shopify has seen revenue double YoY during the pandemic. However, due to the company’s decision to adopt remote work permanently, at least 30 employees supporting in-office workers were laid off. BetaKit reports that some laid-off employees complained about poor severance packages and being denied transitions to other roles.
🏢 DJI ∙ 🌎 Shenzhen ∙ 👩 ~120 employees ∙ 🔗Source
- Chinese drone manufacturer DJI began cutting its global sales and marketing teams in March as sales dropped and political pressures surged. The US Department of Interior recently grounded its fleet of DJI drones over security concerns, and DJI’s mobile app has been accused of collecting more user data than needed. Reuters estimates that over 120 employees have been laid off; the company denied the number but declined to provide a more accurate count.
🏢 InVision ∙ 🌎 New York City ∙ 👩 40-60 employees
- Digital product design platform InVisionApp laid off 40 to 60 employees over the past couple of weeks, sources told Layoffs.fyi. InVision most recently raised a $115 million Series F in 2018 that valued the company at $1.9 billion.
🏢 Glossier ∙ 🌎 New York City ∙ 👩 Unknown # employees ∙ 🔗Source
- Make-up and skincare startup Glossier previously closed its three physical stores in March and furloughed its retail workers in June. The D2C beauty company is now laying off its retail workers, as it does not expect to reopen its stores this year. New York and Los Angeles workers will receive 12 weeks of severance and healthcare coverage through October. Glossier did not lay off any corporate employees and will continue to focus on e-commerce, its main revenue source.
Thanks to Layoffs.fyi intern Stephan Billingslea for contributing to this post.