GoBear

GoBear launches talent directory after laying off 22 employees

🌎 Singapore βˆ™ πŸ‘© 22 employees (11%) βˆ™ πŸ–₯ Multiple departments

GoBear, an online financial services β€œsupermarket” based in Singapore, laid off 11% of its workforce in early September. The company recently released a GoBear Talent Directory featuring some of its former employees (see link πŸ‘‡).

GoBear’s layoff affected employees in its operations, product, and technology teams across offices in Singapore, Vietnam, Philippines, and Ukraine. The company now plans to focus on its growth areas of digital lending and insurance brokerage services.

[As an aside, GoBear feels like an ominous name choice for a financial services startup…maybe β€œbear market” means something different in Southeast Asia? At least their bear is cute!]

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

Mozilla

Mozilla lays off 250 employees; launches talent directory

🌎 Multiple locations βˆ™ πŸ‘© 250 employees (25%) βˆ™ πŸ–₯ Multiple departments

Mozilla Corporation, best known for developing the Firefox web browser, laid off 250 employees globally. The pandemic’s toll on revenue also caused the company to close its Taipei operations.

Going forward, Mozilla will shift its focus to new revenue-generating products, such as its VPN service, and other security and privacy products. It plans to reduce its investment in developer tools, internal tooling, and platform feature development.

Once the world’s second-most popular browser, Firefox has seen its market share dwindle over the past decade. Its primary revenue model, search engine ads, is susceptible to an economic downswing that curtails global ad spending. In addition, Firefox’s U.S. revenue comes from a recently-extended deal with Google, making Mozilla financially dependent on its rival.

In conjunction with the layoff, Mozilla’s CEO told staff that the company would be creating an opt-in talent directory, to be launched next Monday, August 17. However, the Mozilla layoff list appears to already be live, with over 50 former employees featured (see link πŸ‘‡).

Mozilla is giving laid-off employees severance pay equivalent to base pay through December 31, along with health benefits through the end of the year.

UPDATE: The Mozilla talent directory is now officially live with over 120 entries.

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

Skyscanner

Skyscanner launches talent directory after laying off 300 employees

🌎 Edinburgh βˆ™ πŸ‘© 300 employees (20%) βˆ™ πŸ–₯ Multiple departments

Skyscanner, a flight comparison website based in Scotland, laid off 300 employees (20%) globally last month. The company recently launched an official talent directory featuring a couple dozen of its former employees (see link πŸ‘‡).

In conjunction with its layoff, Skyscanner plans to close or scale back many of its global offices outside the U.K. The company’s revenues β€œhave been hit significantly,” and it expects a full recovery to be β€œseveral quarters or possibly years away” due to the pandemic’s disruption on travel.

Skyscanner is owned by Ctrip, the largest online travel agency in China, which acquired the startup in 2016 for $1.75 billion.

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

The Appraisal Lane

The Appraisal Lane lays off engineering team in Uruguay, releases talent directory

🌎 Montevideo βˆ™ πŸ‘© At least 30 employees βˆ™ πŸ–₯ Engineering

The Appraisal Lane, an Austin-based startup that develops an app where vehicle owners can get an appraisal with an offer to buy, has laid off its engineering team in Uruguay, according to LinkedIn posts from multiple company representatives.

Following the layoff, The Appraisal Lane released a talent directory featuring 30 of its ex-engineers (see link πŸ‘‡).

The Appraisal Lane was founded in 2013 and raised $1.8 million in its sole round of funding.

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

Klook

Asian travel startup Klook releases talent directory

🌎 Kuala Lumpur, Taipei, Mumbai βˆ™ πŸ‘© At least 83 employees βˆ™ πŸ–₯ Customer Experience, Business Development

Klook, a travel activities booking platform backed by SoftBank, set up a talent directory to support recently-departed employees (see link πŸ‘‡). In April, the company laid off or furloughed more than 300 employees. That spring Klook saw its revenue drop by as much as 90% as global travel abruptly halted.

It’s not clear whether the Klook talent directory is meant to cover the April layoffs, or if there’s been a new round since then. The website, launched 2 weeks ago, says that the company “recently had to part with great people.”

The Klook layoff list features 83 ex-employees, most of whom were in its Customer Experience or Business Development departments.

The company has witnessed a rebound recently as it caters to the rising demand in staycations.

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

Gojek

Gojek creates talent directory following 430-person layoff

🌎 Jakarta βˆ™ πŸ‘© 430 employees (9%) βˆ™ πŸ–₯ Multiple departments

Gojek, Indonesia’s largest startup, laid off 430 employees (9%) in late June. The ride-hailing company joined its global peers Grab, Uber, Lyft, Ola, and Kapten in cutting staff as a result of pandemic-induced lockdowns.

In the wake of the layoff, Gojek created a talent directory to showcase its affected employees (see link πŸ‘‡). The Gojek layoff list features 177 former employees, primarily in Indonesia.

Gojek’s layoffs were concentrated in its GoLife (household services) and GoFood Festivals (physical dining) business units. The company plans to shut them down in order to focus on its core businesses of transportation and food delivery.

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

Spotahome

Spotahome launches alumni talent directory

🌎 Madrid, London βˆ™ πŸ‘© At least 31 employees βˆ™ πŸ–₯ Multiple departments

Spotahome, a European startup that helps people list mid to long-term housing rentals, launched a talent directory of its alumni employees (see link πŸ‘‡). A layoff at the company has yet to be reported publicly.

The Spotahome talent directory features 31 ex-employees in Madrid and London. The company last raised a $40 million round of funding in 2018.

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

LinkedIn

LinkedIn launches official talent directory after laying off 960 employees

🌎 Multiple locations βˆ™ πŸ‘© 960 employees (6%) βˆ™ πŸ–₯ Multiple departments

LinkedIn, the professional networking site, laid off 960 employees (6%) across its Global Sales and Talent Acquisition teams in late July. Today the company launched an opt-in talent directory featuring hundreds of its recently-departed alumni (see link πŸ‘‡).

The directory includes people with experience in customer success, recruitment, and sales management in North and South America, Europe, and the Asia-Pacific regions, according to a company blog post.

Not surprisingly, LinkedIn’s alumni talent directory was built inside LinkedIn’s own product. After logging in to LinkedIn, hiring managers and recruiters can filter candidates by connections, locations, job title, and job type. They can then browse each candidate’s LinkedIn profile and send a LinkedIn message to those they’re interested in.

All of these features resemble the LinkedIn Recruiter product that sits within the company’s Talent Solutions business. Ironically, it is the Talent Solutions business that catalyzed the company’s layoff in the first place, having suffered due to a slowdown in hiring during the pandemic.

The LinkedIn layoff list features over 400 ex-employees globally.

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

Zeitgold

Bookkeeping startup Zeitgold lays off 75 employees and pivots to tax prep software

🌎 Berlin, Tel Aviv βˆ™ πŸ‘© 75 employees (71%) βˆ™ πŸ–₯ Multiple departments

Zeitgold, a Berlin-based startup that automates bookkeeping for small businesses and their tax advisors, announced last week that it was sunsetting its main product. In conjunction, the company laid off 75 of its employees, leaving 30 people on the team.

Like other startups that have attempted to automate bookkeeping, Zeitgold discovered that despite years of technology development, its service still required large amounts of manual labor to deliver. Scaling such a service was unsustainable, Zeitgold ultimately concluded. The company will instead develop new products that can be delivered without human involvement, such as tax preparation software.

Following the layoff, Zeitgold launched a talent directory to showcase its former employees (see link πŸ‘‡). The Zeitgold layoff list includes 62 ex-employees in Berlin and Tel Aviv.

The company raised a $29 million Series B just 3 months ago.

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

Oyo

Oyo UK launches talent directory for laid-off employees

🌎 London βˆ™ πŸ‘© At least 34 employees βˆ™ πŸ–₯ Multiple departments

Oyo, a lodging startup headquartered in India, has cut hundreds of employees globally as the pandemic decimates its business.

In the wake of these layoffs, the Oyo UK division released a talent directory to showcase a few of its affected employees (see link πŸ‘‡). Employees were told in May that most of the UK staff would be laid off, numbering approximately 150-200 people.

It’s not clear whether the talent directory is meant to cover the May layoffs, or if there’s been a new round in July. The Oyo layoff list features 34 ex-employees, many of whom are in sales.

According to a recent internal memo, Oyo’s global revenue has dropped to ~30% of pre-COVID levels amid declining hotel occupancy rates.

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