🌎 Atlanta, New York City ∙ 👩 Unknown # of employees ∙ 🖥 All departments
In late March, small business lending startup Kabbage furloughed a “significant number” of its 500 employees. It also shut down its Bangalore office. Hoping to use furloughs as a way of avoiding permanent layoffs, Kabbage had intended to bring back the affected employees once business conditions improved.
With the coronavirus pandemic continuing to decimate the economy, it’s unclear when that will happen. One source told Layoffs.fyi that the furloughs would last at least 2 months (through end of May). Another thought it was unlikely Kabbage would ever bring the furloughed employees back.
A Google spreadsheet called “Kabbagers for hire” has been circulating with over 100 names. See link below 👇if you’re hiring in Atlanta or New York City.
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