Category: Roundup

Layoffs Roundup: Mon 3/30/20

Roundup, , , , , , , , ,

Since Thursday, unicorn startups ZipRecruiter, WeWork, Knotel, Getaround, and OneWeb have each laid off hundreds of employees, and over 20 startups in total have cut jobs.

Below are a few of the recent layoffs. Check out our Layoffs Tracker for a comprehensive, real-time report. If you’ve seen a layoff spreadsheet for any of these companies, please let us know!

  • ZipRecruiter, the online hiring marketplace, laid off over 400 employees (39%). The company has seen its customers drastically slow down hiring and expects to miss revenue projections.
    • 🌎 Santa Monica ∙ 👩‍💼 400 employees (39%) ∙ 🔗WSJ
  • WeWork, the co-working company, laid off 250 employees. This follows a previous round of layoffs in November, but is supposedly unrelated to the coronavirus pandemic.
    • 🌎 New York City ∙ 👩‍💼 250 employees ∙ 🔗Reuters
  • Everlane, an e-commerce site for luxury clothing, laid off or furloughed 200 workers, primarily in their retail and backend operations functions.
    • 🌎 San Francisco ∙ 👩‍💼 200 employees ∙ 🔗WWD
  • Knotel, which leases office space to companies, laid off 127 employees (30%) and furloughed an additional 68 employees (20%). The layoffs affected multiple departments and locations. Real estate startups like Knotel continue to suffer due to the coronavirus pandemic.
  • Getaround, the car sharing startup, laid off 100 employees (25%). This follows a previous round of layoffs in January. Getaround is suffering from both the coronavirus pandemic as well as a pullback in funding from its main backer, Softbank.
    • 🌎 San Francisco ∙ 👩‍💼 100 employees (25%) ∙ 🔗BizJournals
  • OneWeb, which builds satellites that provide internet access, filed for bankruptcy and announced layoffs. It said it had failed to secure further funding.
    • 🌎 London ∙ 👩‍💼 Hundreds of employees ∙ 🔗BBC
  • Zipcar, the rental car company, laid off 20% of staff. The travel industry continues to be disrupted by the coronavirus.
    • 🌎 Boston ∙ 👩‍💼 Hundreds of employees (20%) ∙ 🔗BostonInno
  • Restaurant365, which makes restaurant management software, laid off a “big chunk” of its 400 employees. It has seen a 75% decline in YoY sales.
  • Textio, which helps companies write better job descriptions, laid off 30 employees (20%).
    • 🌎 Seattle ∙ 👩‍💼 30 employees (20%) ∙ 🔗Geekwire
  • B8ta, a retailer for consumer electronics and home goods, laid off over half of its corporate staff and furloughed its retail employees.
    • 🌎 San Francisco ∙ 👩‍💼 50% of corporate employees ∙ 🔗Retail Dive
  • Pivot3, which develops hyperconverged infrastructure, laid off a significant portion of its 250 employees.
  • DataRobot, which helps companies manage their machine learning models, significantly reduced headcount.
    • 🌎 Boston ∙ 👩‍💼 Unknown # affected ∙ 🔗BostonInno

Layoffs Roundup: Thurs 3/26/20

Roundup, , , , , , ,

Coronavirus-related tech layoffs continue to pile up this week, particularly in real estate and travel. Check out our Layoffs Tracker for a comprehensive, real-time report. If you’ve seen a layoff spreadsheet for any of these companies, please let us know!

Real estate

  • Sonder, which offers short-term apartment rentals, laid off or furloughed 400 employees. Bookings are down 20% at the company’s 5,000 apartments.
    • 🌎 San Francisco ∙ 👩‍💼 400 employees (33%) ∙ 🔗The Real Deal
  • Zeus Living, which rents out furnished apartments on a monthly basis to business travelers, laid off 80 employees.
    • 🌎 San Francisco ∙ 👩‍💼 80 employees (30%) ∙ 🔗Crunchbase News
  • The Guild, which offers short-term stays at luxury apartments, laid off 38 employees.
    • 🌎 Austin ∙ 👩‍💼 38 employees (22%) ∙ 🔗Austin Inno

Travel

  • TripActions, whose software helps companies manage corporate travel, laid off 300 workers. The layoffs primarily affected customer support, recruiting, and sales. Employees were notified of the layoff via a group Zoom call.
    • 🌎 Palo Alto ∙ 👩‍💼 300 employees (25%) ∙ 🔗TechCrunch
  • Cabin, a luxury sleeper-bus service, laid off an unknown (but likely small) number of employees.
    • 🌎 San Francisco ∙ 👩‍💼 Unknown # affected ∙ 🔗The Information

Other industries

  • Leafly, an online resource on cannabis, laid off 91 employees.
    • 🌎 Seattle ∙ 👩‍💼 91 employees (50%) ∙ 🔗GeekWire
  • Foodsby, which delivers restaurant food to office buildings, laid off 80 people. Demand is down since restaurants are closing and customers are no longer going into the office.
    • 🌎Minneapolis ∙ 👩‍💼 80 employees (67%) ∙ 🔗Minne Inno
  • Rangle, a development agency, initiated a temporary layoff for 78 staffers. Rangle’s clients are paring back spending due to the coronavirus pandemic.
    • 🌎 Toronto ∙ 👩‍💼 78 employees (30%) ∙ 🔗BetaKit
  • OutboundEngine, which creates marketing software for small businesses, laid off 52 employees.
    • 🌎 Austin ∙ 👩‍💼 52 employees (28%) ∙ 🔗BizJournals
  • Wonderschool, which helps people start their own in-home preschools or daycares, laid off 50 employees. Shelter-in-place orders means that parents are keeping their kids at home.
    • 🌎 San Francisco ∙ 👩‍💼 50 employees (75%) ∙ 🔗EdSurge
  • SpotHero, an app that helps people find parking spots, laid off an unknown number of employees. Urban parking isn’t a problem when people are staying at home.
    • 🌎 Chicago ∙ 👩‍💼 Unknown # affected ∙ 🔗Chicago Inno
  • Eight Sleep, an online mattress retailer, laid off 20% of staff.

Layoffs Roundup: Tues 3/24/20

Roundup, ,

The first wave of tech layoffs due to the coronavirus pandemic have hit startups that facilitate physical space like homes and offices. Check out our Layoffs Tracker for a comprehensive, real-time report.

  • Compass, the real estate brokerage, laid off 375 staffers. It has seen showings drop by 60% as people stay home during the pandemic.
    • 🌎 New York City ∙ 👩‍💼 375 employees (15%) ∙ 🔗The Real Deal
  • Convene, which provides flexible office space, laid off 150 people, citing fallout from the coronavirus.
  • Remote Year, which facilitates remote work while traveling abroad, laid off 50 employees. Travel has been severely disrupted by the coronavirus pandemic.
    • 🌎 Chicago ∙ 👩‍💼 50 employees (50%) ∙ 🔗TechCrunch
  • Yonder, which helps identify disinformation online using AI, laid off 18 employees to increase runway.
    • 🌎 Austin ∙ 👩‍💼 18 employees ∙ 🔗Austin Inno

If you’ve seen a layoff spreadsheet for any of these companies, please let us know!