Andela

Andela layoff list emerges after it laid off 135 employees

🌎 Nairobi, Lagos, Kigali, Kampala, New York City βˆ™ πŸ‘© 135 employees βˆ™ πŸ–₯ Multiple departments

An Africa-focused startup that provides β€œengineering as a service” to other companies, Andela laid off 135 employees in May. The company cited a decline in customers due to the economic downturn. Andela is also shifting its strategy from acting as a talent accelerator to serving as a talent outsourcing firm.

The Andela layoff list features 59 former engineers and 30 non-engineers (see link below πŸ‘‡). Most are based in Africa, though a few are located in New York City.

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

Sharethrough

Adtech startup Sharethrough lays off 18 employees

🌎 San Francisco βˆ™ πŸ‘© 18 employees (22%) βˆ™ πŸ–₯ Sales and marketing

Sharethrough, a digital advertising exchange, laid off 18 employees today (22%). The downsizing primarily affected the company’s sales and marketing teams.

In a blog post, Sharethrough said that its business has been impacted by COVID-19, though there were signs of recovery in June. Brands have been pulling back their advertising spending during the economic slowdown, triggering layoffs at digital advertising firms as well as media companies dependent on ad revenue.

Sharethrough and other ad exchanges may be facing other headwinds beyond economic conditions. Recent initiatives by Apple and Google to restrict data tracking in browsers and mobile apps have the potential to severely shake up an entire advertising ecosystem that depends on this data to target and attribute digital ads. While Sharethrough did not cite this as a factor for its layoff, the company previously shut down its European operations due to restrictions in ad tracking imposed by GDPR.

To help laid-off employees, Sharethrough put together an opt-in list that it shared with Layoffs.fyi (see link below πŸ‘‡).

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

Dark

Programming service Dark releases layoff list

🌎 San Francisco Bay Area βˆ™ πŸ‘© At least 6 employees βˆ™ πŸ–₯ Engineering

Dark, a programming language and service, released a layoff list last week. The Dark layoff list features 4 engineers, 1 designer, and 1 business person. All of them are either remote or in the San Francisco Bay Area.

Dark’s LinkedIn page no longer lists any active employees other than the founders, suggesting that the entire company has shut down. Dark raised a $3.5 million seed round in 2017.

Source: Google Sheets

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

Sprinklr

Official Sprinklr layoff list surfaces

🌎 New York City βˆ™ πŸ‘© At least 30 employees βˆ™ πŸ–₯ Multiple departments

Sprinklr, a customer experience management platform with a $1 billion+ valuation, conducted a layoff in late May, according to multiple LinkedIn posts.

Yesterday the company began promoting a Sprinklr Talent Directory for employees “impacted due to COVID-19” (see link πŸ‘‡). The Sprinklr layoff list features 30 ex-employees from multiple functions across the country, with a bent towards customer success roles.

Source: Google Sheets

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

Grab

Official Grab layoff list released following 360-person layoff

🌎 Singapore, Indonesia βˆ™ πŸ‘© 360 employees (5%) βˆ™ πŸ–₯ Multiple departments

Grab, the largest ride-hailing startup in Southeast Asia, laid off 360 employees last week. Grab is the latest in the category to cut staff, following layoffs at Uber (U.S.), Lyft (U.S.), Ola (India), and Careem (Middle East). Grab mentioned it would be sunsetting non-core projects and redeploying staff to focus on its delivery business.

Grab is offering laid-off employees a host of transition benefits, including severance pay of 1.5 months plus half a month for every 6 months of service, health insurance coverage through the end of 2020, waiver of the annual cliff on equity vesting, and outplacement support from the company’s Talent Acquisition team.

The company also created a Grab Talent Directory that launched today (see link πŸ‘‡). The Grab layoff list features nearly 100 ex-employees, mostly in Singapore and Indonesia.

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

Deliveroo

Deliveroo layoff list showcases over 100 of its global employees

🌎 London, Dubai, Taipei βˆ™ πŸ‘© 367 employees (15%) βˆ™ πŸ–₯ Multiple departments

London-based Deliveroo, a food delivery startup that operates in 13 markets globally, laid off 367 employees in late April. At the time, the company was vague about the reasons for the layoff, but it’s widely speculated that the unprofitability of food delivery startups combined with pandemic-induced restaurant closures has led to troubles across the category.

On LinkedIn, the company has been promoting an official Deliveroo talent directory that showcases some of its laid-off employees (see link πŸ‘‡). The Deliveroo layoff list contains over 100 former employees, primarily in London, Dubai, and Taipei.

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

Conga

Conga lays off 11% following merger with Apttus

🌎 Denver βˆ™ πŸ‘© 11% of staff βˆ™ πŸ–₯ Multiple departments

Conga, which makes document generation software for Salesforce customers, laid off 11% of its staff last Monday, according to an internal email reviewed by Layoffs.fyi.

The company announced last month that it was merging with competitor Apttus in a reported $715 million deal. Last week’s layoff, which affected the combined entity, was the result of role redundancies caused by the merger.

Conga said that laid-off employees would be offered severance pay and transition resources, including 1:1 help with resume preparation and interviewing skills. The company has also created an opt-in alumni talent directory (see link πŸ‘‡).

The Conga layoff list currently contains 44 ex-employees across the country, primarily in Professional Services, Customer Success, Sales, and Sales Engineering.

Source: Google Sheets

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

StubHub

StubHub shifts 200 of its furloughed employees into permanent layoffs

🌎 San Francisco βˆ™ πŸ‘© 200 employees βˆ™ πŸ–₯ Multiple departments

Back in March when the coronavirus first became a pandemic, online ticket marketplace StubHub furloughed 450 employees (2/3 of its North American workforce). Now, the company says that 200 of those employees will be permanently laid off, as live events continue to be shut down.

Due to their increased risk of disease transmission, mass gatherings like concerts and sports games will be one of the last activities to be reopened. It follows that ticket marketplaces like StubHub are among the tech businesses worst-affected by the coronavirus. Just weeks before the pandemic, Viagogo agreed to acquire StubHub from eBay for $4 billion, a deal which Forbes recently dubbed the “Worst. Deal. Ever.” due to its unfortunate timing.

In the wake of the restructuring, the company created an official StubHub talent directory “for recruiters and hiring managers to easily sort through the skills and experience of this community” (see link πŸ‘‡).

The StubHub layoff list currently contains 72 ex-employees, primarily in San Francisco.

Source: StubHub.com

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

Zomato

Zomato layoff list continues trend of company-launched talent directories

🌎 Gurugram βˆ™ πŸ‘© 520 employees (13%) βˆ™ πŸ–₯ Multiple departments

An India-based restaurant guide and food delivery startup, Zomato laid off 520 employees in mid-May due to huge declines in food delivery activity. The company also said that remaining staff members would be subject to temporary pay cuts starting in June.

In order to help ex-employees land on their feet, Zomato created an official talent directory (see link πŸ‘‡). In a tweet, the company’s CEO put in a “humble request to all organizations that are hiring to review the Zomato Talent Directory.”

The official Zomato layoff list contains almost 300 ex-employees spanning multiple business functions. Other startups that have launched internally-developed alumni talent directories include Airbnb, Uber, Samsara, and Agoda.

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

Stockwell Logo

Stockwell AI is shutting down on July 1

🌎 San Francisco Bay Area βˆ™ πŸ‘© Company shutdown (100%) βˆ™ πŸ–₯ All departments

A smart vending machine startup, Stockwell AI says it will be shutting down on July 1. The vending machine industry has suffered business losses of up to 90%, due to sanitation concerns during COVID-19 and the trend of people staying at home.

Stockwell has a layoff list (see link πŸ‘‡) that dates back to February, but it’s unclear how many of the folks on this list are still looking for jobs.

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