Pared

Pared layoff list surfaces

🌎 San Francisco Bay Area, New York City βˆ™ πŸ‘© At least 16 employees βˆ™ πŸ–₯ Multiple departments

Pared, a hiring marketplace for the food industry, conducted a significant layoff. With restaurants across the country under extreme pressure due to lockdown orders, there’s not much hiring happening in the food industry right now.

Pared released a layoff spreadsheet this week (see link πŸ‘‡). The list includes 16 former employees in the San Francisco Bay Area and New York City, including several software engineers.

Headquartered in San Francisco, Pared has raised just under $14 million to date.

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

Sorabel

Indonesian startup Sorabel releases engineering talent directory following company shutdown

🌎 Indonesia βˆ™ πŸ‘© 100% of employees βˆ™ πŸ–₯ Multiple departments

Sorabel, a fashion e-commerce startup based in Indonesia, is shutting down by the end of July. All employees will be laid off as of July 30. The company had raised $27 million over four rounds of funding, but ran out of cash to survive the pandemic.

Sorabel created a talent directory showcasing some of its former engineers (see link πŸ‘‡). In a LinkedIn post promoting the directory, its VP Engineering said that the “directory is published with the intention so that prospective companies can have better access to their next strong engineering team members.”

The Sorabel layoff list features 28 ex-employees based in Jakarta, Yogyakarta, and Bandung, Indonesia.

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

Checkr

Checkr lays off 64 employees

🌎 San Francisco, Denver βˆ™ πŸ‘© 64 employees (12%) βˆ™ πŸ–₯ Multiple departments

Checkr, a startup that provides background checks to companies like Uber, Lyft, Instacart, laid off 64 employees (12%) last Thursday. The company has been hurt from a hiring slowdown by its clients during the pandemic.

A company executive provided Layoffs.fyi with an opt-in list of Checkr alumni (see link πŸ‘‡). The Checkr layoff list features 43 impacted employees across multiple departments in its San Francisco and Denver offices.

Laid-off employees will receive 2 to 4 months of severance pay and one year of health insurance benefits. The company also removed the one-year vesting cliff for employee stock options.

In late 2019, Checkr raised funding at a valuation of $2.2 billion.

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

Perkbox

HR tech startup Perkbox launches talent directory following layoff

🌎 London βˆ™ πŸ‘© At least 4 employees βˆ™ πŸ–₯ Multiple departments

Perkbox, which makes HR software designed to improve the employee experience, conducted a layoff last week. In a LinkedIn post announcing the layoff, the company launched a talent directory showcasing some of its former employees (see link πŸ‘‡).

The Perkbox layoff list features 4 ex-employees based in London.

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

Kapten

French ride-hailing startup Kapten releases layoff list

🌎 Paris βˆ™ πŸ‘© At least 68 employees βˆ™ πŸ–₯ Engineering and Product

A Paris-based ride-hailing company owned by Free Now Group, Kapten set up a Talent Directory to promote its departed alumni (see link πŸ‘‡). In a LinkedIn post promoting the directory, Free Now’s CTO said that the company decided to “stop additional investments into [its] Paris Tech hub.”

Back in May, multiple sources told Layoffs.fyi that Kapten was conducting a layoff, with estimates ranging from 130 to 180 employees affected. Due to local labor law regulations, the process was expected to take several months to complete.

The Kapten layoff list features 68 ex-employees, primarily in Engineering and Product.

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

Monzo

Monzo launches layoff list amid multiple rounds of layoffs

🌎 London βˆ™ πŸ‘© Hundreds of employees βˆ™ πŸ–₯ Multiple departments

A London-based digital bank, Monzo laid off 120 of its U.K. employees in June and 165 of its Las Vegas employees in April. The company also previously furloughed 295 U.K. employees.

To help its laid-off employees find new roles, Monzo created a talent directory (see link πŸ‘‡) . It’s not clear whether the directory is meant to cover the company’s previous layoffs, or if there’s been a new round in July. In a LinkedIn post, an employee on Monzo’s talent team alludes to “saying goodbye to some incredibly valued colleagues at Monzo right now.”

As consumers pull back on spending, Monzo generates less revenue from the interchange fees on its debit card products. The company recently raised Β£60 million at a 40% lower valuation to its prior round last year.

The Monzo layoff list features 24 ex-employees, many of whom are engineers and designers.

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

Intercom

Intercom launches layoff list after laying off 39 employees

🌎 San Francisco βˆ™ πŸ‘© 39 employees (6%) βˆ™ πŸ–₯ Multiple departments

A maker of customer messaging software, Intercom laid off 39 employees in May. The company said it was also relocating 47 roles in its marketing and R&D teams from San Francisco to Dublin.

Yesterday the company began publicizing an Intercom Talent Directory to help affected employees find new opportunities (see link πŸ‘‡). The Intercom layoff list features 25 ex-employees across multiple functions, including 7 engineers in San Francisco.

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

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

UPDATE: Dark’s co-founder Paul Biggar clarified to Layoffs.fyi that the company will continue operating, with Paul as the sole employee.

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.