Juul

Juul layoff list emerges; 1,550+ employees have been cut in the past year

🌎 San Francisco Bay Area βˆ™ πŸ‘© 1,550 employees βˆ™ πŸ–₯ All departments

Juul, a maker of e-cigarettes, laid off 900 employees (30%) last month in a move unrelated to the coronavirus. The company has been mired in controversy over its role in the rise of underage vaping.

Juul also laid off 650 employees last October, bringing the total number of employees cut in the past year to 1,550.

In the wake of these layoffs, two separate lists of ex-Juul employees have emerged (see links below πŸ‘‡). The official Juul Labs Alumni List contains 49 ex-employees actively looking for a job, though not all are from the most recent round of layoffs. The unofficial Juul layoff spreadsheet contains 79 ex-employees, but most were from last October’s layoff and may have already found new jobs.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Brex

Brex laid off 62 employees to “prioritize building over growing”

🌎 San Francisco βˆ™ πŸ‘© 62 employees (15%) βˆ™ πŸ–₯ All departments

Brex, which provides credit cards to other startups, announced Friday that it laid off 62 employees (15%). Brex said it was “restructuring the company to prioritize building over growing over the next year” due to the economic fallout from the coronavirus pandemic.

The company’s customers are predominantly other startups. As startups reduce their spending or go out of business, Brex makes less money from the interchange fees on its credit card product.

Brex is providing laid-off employees with 8 weeks of severance pay and health insurance through the end of 2020. The company is also waiving its 1-year equity cliff and extending the exercise period on vested stock options. Employees will be allowed to keep their company-issued computer.

See link below πŸ‘‡ for an opt-in spreadsheet of employees laid off. 8 individuals were listed as of early Monday morning, but more may be added over time.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

PayJoy

EXCLUSIVE: Fintech startup PayJoy laid off 23 employees

🌎 San Francisco βˆ™ πŸ‘© 23 employees (25%) βˆ™ πŸ–₯ All departments

PayJoy, a lending startup that enables customers without a bank account or credit history to buy smartphones on installment payments, laid off 23 employees (25%) on April 28. A company executive tells Layoffs.fyi that the employees’ last day will be on June 30.

PayJoy told employees that despite a very strong Q1, the company expects a large and uncertain impact on its revenue and fundraising prospects for the next year due to COVID-19. The layoff was intended to extend its cash buffer to weather the economic fallout from the pandemic. PayJoy has raised $71 million in equity and debt financing from Greylock, Union Square Ventures, and others.

The company shared with Layoffs.fyi a spreadsheet of 21 affected employees, including 12 in Engineering, that are open to being contacted about career opportunities (see link below πŸ‘‡).

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Airmap

Drone startup AirMap conducts layoff

🌎 Los Angeles, Austin βˆ™ πŸ‘© At least 13 employees βˆ™ πŸ–₯ All departments

AirMap, an airspace services platform for unmanned aircraft, announced that it was reducing staff and cutting non-core initiatives. Two sources tell Layoffs.fyi that around 30% of the team was let go. One laid-off employee says that 28 people were affected, and that the layoffs are effective as of May 15.

See link below πŸ‘‡ for an opt-in spreadsheet of 13 employees laid off, including 9 engineers in Santa Monica and Austin.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Agoda

Agoda laid off 1,500 employees, launches public alumni directory

🌎 Malaysia, Thailand βˆ™ πŸ‘© 1,500 employees (25%) βˆ™ πŸ–₯ All departments

Agoda, an Asian hotel booking website, laid off 1,500 employees (25%) aross 30 countries last week. Its CEO said that most of the cuts were in Agoda’s Customer Experience Group, but that product, IT, finance, partner services, marketing and Rocketmiles were also affected.

Agoda is a subsidiary of Booking Holdings, which also owns Priceline, Kayak, OpenTable, and Booking.com. Last month, Kayak and OpenTable laid off or furloughed 400 employees.

Even though many Asian countries are now recovering from COVID-19, Agoda cited a deep and prolonged impact on the travel industry.

Agoda launched an official alumni talent directory to support departing employees (see link below πŸ‘‡ ). The Agoda layoff list features over 400 ex-employees, mostly in Southeast Asia.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Dotscience

DevOps startup Dotscience shuts down

🌎 London βˆ™ πŸ‘© 10+ employees (100%) βˆ™ πŸ–₯ All departments

Dotscience, which makes DevOps tools for machine learning, shut down this week. The company said it ran out of money and was unable to secure additional financing.

In a blog post announcing the shutdown (see link below πŸ‘‡), Dotscience listed 10 laid-off employees seeking new roles, including 7 engineers.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Samsara

Samsara lays off 300 employees, launches public alumni directory

🌎 San Francisco Bay Area, Atlanta βˆ™ πŸ‘© 300 employees (18%) βˆ™ πŸ–₯ All departments

Samsara, which makes Internet-connected sensors that help industrial companies optimize their operations, laid off 300 employees yesterday (18%). The company also raised $400 million at a lower valuation ($5.4 bn) than the one from its September raise ($6.3 bn).

Samsara blamed the economic downturn for its layoff without specifying details, though its down round suggests that the company was operating without enough cash to last through the pandemic.

The company is also implementing other cost-cutting measures such as slashing executive salaries by 30% for the rest of the year, cutting non-essential spending, and freezing hiring for 6 months.

Following the example set by Airbnb and Uber, Samsara launched an official alumni talent directory (see link below πŸ‘‡ ). The Samsara layoff list features 100 ex-employees, mostly in the Bay Area.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Uber

Official Uber layoff list goes live; over 500 ex-employees listed

🌎 Multiple locations βˆ™ πŸ‘© 3,000 employees (13%) βˆ™ πŸ–₯ All departments

On Monday, Uber laid off 3,000 additional employees on top of the 3,700 employees cut two weeks ago. In a memo to the team, Uber’s CEO alluded to the creation of a public alumni talent directory as part of the company’s efforts to support departing employees.

That alumni directory is now live. Similar to the official Airbnb layoff list, Uber’s version allows recruiters and hiring managers to filter laid-off employees by location and role. Additional details include whether the person is open to relocation and/or remote work, and any experience managing people.

See below link πŸ‘‡for the official Uber layoff list, as well as an unofficial Uber layoffs list that we posted previously.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Ridecell

SF-based Ridecell laid off 35 employees, half of whom are engineers

🌎 San Francisco Bay Area βˆ™ πŸ‘© 35 employees (15%) βˆ™ πŸ–₯ Engineering

Ridecell, an operations platform for ride-sharing companies, laid off 35 employees (15%) last Thursday, according to a laid-off employee. Its customers are presumably struggling right now due to the nationwide lockdowns.

Ridecell joins the many transportation startups that have conducted layoffs during the coronavirus pandemic. Just yesterday, Uber increased the count of its May layoffs to 6,700 employees. Lyft laid off nearly 1,000 employees in late April. Kid-friendly ride sharing companies Zum and HopSkipDrive have also done layoffs.

See link below πŸ‘‡for an opt-in list of Ridecell employees laid off, which includes 16 engineers in the Bay Area.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Cadre

Real estate investing startup Cadre laid off 28 employees

🌎 New York City βˆ™ πŸ‘© 28 employees (25%) βˆ™ πŸ–₯ 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 πŸ‘‡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.