Layoffs Roundup: Thurs 9/3/20

Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.

🏒 Big Fish Games βˆ™ 🌎 Seattle βˆ™ πŸ‘© 250 employees βˆ™ πŸ”—Source

  • Big Fish Games, a developer of mobile and social casino games, laid off 250 employees despite other gaming companies reporting a surge in sales during the pandemic. Some point to a recent $155 million legal settlement, the result of allegations that the company’s games constituted illegal gambling in Washington, as a reason for the layoff.Β  For its part, Big Fish Games explained its decision using phrases like “refactoring operations” and “reinforce the company’s positioning for growth.”

🏒 GoBear βˆ™ 🌎 Singapore βˆ™ πŸ‘© 22 employees (11%) βˆ™ πŸ”—Source

  • GoBear, an online financial services β€œsupermarket,” laid off 11% of its employees in offices across the globe. The company now plans to focus on its growth areas of digital lending and insurance brokerage services.Β  [As an aside, GoBear feels like an ominous name choice for a financial services startup…maybe β€œbear market” meansΒ something different in Southeast Asia?]

🏒 MakeMyTrip βˆ™ 🌎 New Delhi βˆ™ πŸ‘© 350 employees (10%) βˆ™ πŸ”—Source

  • MakeMyTrip, India’s largest online travel booking company, saw revenue slashed to zero during the pandemic. Its founder joked that the company’s Q2 earnings call should’ve been called a β€œlack of earnings call.” As a result, the company laid off 350 employees, or 10% of its staff, in June.Β 

🏒 Awok βˆ™ 🌎 Dubai βˆ™ πŸ‘© 100% of employees βˆ™ πŸ”—Source

  • Dubai-based e-commerce startup Awok shut down a year after raising a $30 million Series A. Employees have reported receiving no pay since January and blame company leadership for the shutdown; Awok’s website cites the pandemic as the reason for closing shop.

🏒 kununu βˆ™ 🌎 Boston βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Kununu, a platform that lets employees rate their employer, discontinued its U.S. operations and shut down its Boston office. Headquartered in Vienna, the company was bought by Linkedin competitor XING for $12.3 million in 2013.

Thanks to Layoffs.fyi intern Stephan Billingslea for contributing to this post.

Layoffs Roundup: Thurs 8/27/20

Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.

🏒 Salesforce βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© ~1,000 employees (2%) βˆ™ πŸ”—Source

  • Salesforce, the CRM and enterprise cloud software giant, laid off about 1,000 employees (2%) less than a day after reporting blowout earnings. In March, Salesforce’s CEO pledged to its workforce β€œOhana” that the company would not have any β€œsignificant” layoffs for 90 days. Recent layoffs affected sales and customer support, despite a 29% rise in revenue and 26% increase in share price. Affected workers were given 60 days to find another role in the firm.

🏒 Hipcamp βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© ~60% of employees βˆ™ πŸ”—Source

  • Hipcamp, an Airbnb for camping stays, laid off around 60% of its employees back in April, TechCrunch reported today. More recently though, Hipcamp’s business has rebounded now that stay-at-home orders have eased and travelers prefer the safety of the outdoors. Hipcamp has rehired some of its laid-off employees and is looking to expand its team further.

🏒 Docly βˆ™ 🌎 London βˆ™ πŸ‘© 8 employees (80%) βˆ™ πŸ”—Source

  • Telemedicine startup Docly, a spinoff of Swedish digital health provider Mik Doctor, stopped operating in the UK. 8 employees were laid off as a direct result of restructuring, as Docly will refocus on becoming a technology supplier for companies like Mik Doctor in the future.

🏒 Spaces βˆ™ 🌎 Los Angeles βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Spaces, a VR entertainment startup, was recently acquired by Apple, who has been buying VR teams to develop its own VR headset. When the news broke, Spaces’ CEO noted that the company had to lay off an undisclosed number of employees at the beginning of the pandemic and take out a PPP loan to β€œkeep the lights on.”

🏒 Streamsets βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Streamsets, a data integration startup with $76 million of funding, laid off an unknown number of employees in order to survive the first wave of the pandemic. The layoffs came days after the company won a best workplaces award. The company cut R&D and some recent hires, saying that it needed to give up on β€œinefficient growth.”

🏒 Mapify βˆ™ 🌎 Berlin βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Mapify, an app for planning travel experiences, laid off β€œseveral team members,” citing the pandemic’s continued disruption on travel. The startup most recently raised a $1 million seed round in 2018.

Thanks to Layoffs.fyi intern Stephan Billingslea for contributing to this post.

Layoffs Roundup: Thurs 8/20/20

Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.

🏒 Shopify βˆ™ 🌎 Ottawa βˆ™ πŸ‘© 30-50 employees βˆ™ πŸ”—Source

  • An e-commerce platform that allows anyone to set up an online store, Shopify has seen revenue double YoY during the pandemic. However, due to the company’s decision to adopt remote work permanently, at least 30 employees supporting in-office workers were laid off. BetaKit reports that some laid-off employees complained about poor severance packages and being denied transitions to other roles.

🏒 DJI βˆ™ 🌎 Shenzhen βˆ™ πŸ‘© ~120 employees βˆ™ πŸ”—Source

  • Chinese drone manufacturer DJI began cutting its global sales and marketing teams in March as sales dropped and political pressures surged. The US Department of Interior recently grounded its fleet of DJI drones over security concerns, and DJI’s mobile app has been accused of collecting more user data than needed. Reuters estimates that over 120 employees have been laid off; the company denied the number but declined to provide a more accurate count.

🏒 InVision βˆ™ 🌎 New York City βˆ™ πŸ‘© 40-60 employees

  • Digital product design platform InVisionApp laid off 40 to 60 employees over the past couple of weeks, sources told Layoffs.fyi. InVision most recently raised a $115 million Series F in 2018 that valued the company at $1.9 billion.

🏒 Glossier βˆ™ 🌎 New York City βˆ™ πŸ‘© Unknown # employees βˆ™ πŸ”—Source

  • Make-up and skincare startup Glossier previously closed its three physical stores in March and furloughed its retail workers in June. The D2C beauty company is now laying off its retail workers, as it does not expect to reopen its stores this year. New York and Los Angeles workers will receive 12 weeks of severance and healthcare coverage through October. Glossier did not lay off any corporate employees and will continue to focus on e-commerce, its main revenue source.

Thanks to Layoffs.fyi intern Stephan Billingslea for contributing to this post.

Layoffs Roundup: Thurs 8/13/20

Tech layoffs continue to level off, with many hoping that the worst is behind us. After peaking in April and May, layoffs have declined in every month since.

Citing multiple sources including Layoffs.fyi, the New York Times concludes that early “doomsday warnings have not translated into the drastic shakeout that many had expected.” The article explores how even companies that previously laid off employees, like Airbnb and Getaround, are starting to see signs of recovery.

That’s likely no comfort to the 77,000+ tech workers who have been laid off during the pandemic, or to the hundreds who continue to be laid off each week. But a fast and sustained rebound is the best we can hope for at this point 🀞.

Below is a recap of the layoffs from this past week. Our Layoffs.fyi Tracker continues to keep an updated list of all startup layoffs during COVID-19.

🏒 Thriver βˆ™ 🌎 Toronto βˆ™ πŸ‘© 75 employees (50%) βˆ™ πŸ”—Source

  • Canadian corporate catering startup Platterz rebranded to Thriver after a $33 million Series B round. With offices closing due to lockdowns, their food catering revenues have dipped in this year’s second quarter. The startup laid off 50% of its workforce, or 75 employees.

🏒 Vesta βˆ™ 🌎 Atlanta βˆ™ πŸ‘© 56 employees βˆ™ πŸ”—Source

  • Worldwide payment services provider Vesta Corporation filed a WARN notice, consisting of a 60 calendar-day advance notification for layoffs in larger companies. The company will lay off 56 employees effective September 6th.

🏒 HopSkipDrive βˆ™ 🌎 Los Angeles βˆ™ πŸ‘© 54 employees βˆ™ πŸ”—Source

  • HopSkipDrive, a ride-sharing company for kids, laid off 54 employees, sources told Layoffs.fyi. Schools closing has severely impacted the startup’s business since March, when they laid off 10% of the company. To diversify its services during the pandemic, HopSkipDrive now offers tech and meal delivery.

🏒 Eatsy βˆ™ 🌎 Singapore βˆ™ πŸ‘© 20 employees (100%) βˆ™ πŸ”—Source

  • Singapore-based food ordering app Eatsy has shut down, laying off its last 20 employees. In April, the company ended its operations in Indonesia. Similar food delivery start-ups in Asia, like Gojek and Grab, have also experienced layoffs.

In case you missed it, check out our standalone posts about layoffs from these companies:

Thanks to Layoffs.fyi intern Stephan Billingslea for contributing to this post.

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.

Layoffs Roundup: Thurs 8/6/20

Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.

🏒 Booking.com βˆ™ 🌎 Amsterdam βˆ™ πŸ‘© 4,375 employees (25%) βˆ™ πŸ”—Source

  • Hotel reservations website Booking.com will be laying off 25% of its global workforce (approx. 4,375 employees). The company said that it needs to downsize to “match our expectation of the future of travel.” In accordance with local regulations, Booking.com expects to inform affected employees starting in September and lasting through the end of the year. Its sister companies Kayak, OpenTable, and Agoda (all owned by the same holding company) already conducted layoffs earlier in the year.

🏒 Buy.com βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© 87 employees (100%) βˆ™ πŸ”—Source

  • Buy.com, a U.S. e-commerce site acquired by Rakuten, will be shutting down over the next two months. All 87 employees will be laid off.

In case you missed it, check out our standalone posts about layoffs from these companies: