Tag: Consumer

VSCO

VSCO lays off 45 employees (30%)

Layoff list, ,

🌎 SF Bay Area ∙ 👩 45 employees (30%) ∙ 🖥 All departments

VSCO, a photography mobile app, laid off 45 employees (30%) yesterday. The CEO says the cuts were needed to “shift towards running a self-sustaining business.” VSCO is providing a minimum of 7 weeks of severance pay and 2 months of health coverage, as well as assisting with job placement resources. To that end, see below link 👇for a list of laid-off employees, mostly in the SF Bay Area.

View list of employees laid off ->

See our live Layoffs Tracker for a real-time report of all startups that have done layoffs.

Layoffs Roundup: Tues 4/14/20

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The Layoffs.fyi Tracker has now confirmed 230 startups w/ layoffs and 22,000 employees laid off since the coronavirus was declared a pandemic.

Below are a few of the recent layoffs. Check our tracker for a comprehensive report. If you’ve seen a layoff spreadsheet for any of these companies, please let us know so we can help the affected people!

  • Groupon, a marketplace for discounts from local businesses, said it expects to lay off or furlough 44% of its team (2,800 employees). Previous reports suggested that only the sales and sales operations teams were affected, but the company’s announcement confirms a significantly deeper cut. Groupon has seen a “material deterioration” in its business due to the closure of local businesses it works with.
    • 🌎 Chicago ∙ 👩 2,800 employees (44%) ∙ 🔗Source
  • Meow Wolf, an art collective that creates interactive experiences, laid off 201 employees. Its art installations and live events have been cancelled due to shelter-in-place.
    • 🌎 Santa Fe ∙ 👩 201 employees ∙ 🔗Source
  • Monzo, an online bank, closed its Las Vegas office and laid off all 165 customer support employees there. The decision was in the works prior to the coronavirus pandemic.
    • 🌎 Las Vegas ∙ 👩 165 employees ∙ 🔗Source
  • OneTrust, which makes software that helps companies comply with privacy regulations, laid off 10-15% of its 1,500 employees. The company raised funding at a $2.7 billion valuation just two months ago.
    • 🌎 Atlanta ∙ 👩 150 employees (10%) ∙ 🔗Source
  • Omie, a Brazilian startup that sells business management software to small businesses, laid off 136 employees (15%).
    • 🌎 Sao Paulo ∙ 👩 136 employees (15%) ∙ 🔗Source
  • Zoox, a maker of self-driving taxis, is laying off 100 employees (10%). The news comes just one week after it laid off all 120 of its contract workers, including its backup drivers. Shelter-at-home orders have affected Zoox’s ability to continue testing its self-driving vehicles.
    • 🌎 San Francisco∙ 👩 100 employees (10%) ∙ 🔗Source
  • Domo, which creates business intelligence software to help executives manage their business, cut roughly 10% of its staff (about 90 people). The layoff was needed to ensure the company wouldn’t run out of money.
    • 🌎 Salt Lake City ∙ 👩 90 employees (10%) ∙ 🔗Source
  • Clinc, which uses AI to create virtual assistants, laid off 32% of its staff (40 employees). In February, the company’s CEO resigned after employee complaints of inappropriate behavior.
    • 🌎 Ann Arbor ∙ 👩 40 employees (32%)∙ 🔗Source
  • Mejuri, a startup that sells fine jewelry, laid off 15% of its team. Its retail stores have been closed since late March due to the ban on non-essential businesses.
    • 🌎 Toronto ∙ 👩 36 employees (15%) ∙ 🔗Source

Yelp

Yelp laid off 1,000 employees and furloughed another 1,100

Layoff list, , , ,

🌎 San Francisco, NYC, Chicago ∙ 👩 1,000 employees (17%) ∙ 🖥 All departments

Last week Yelp, the local business reviews website, became one of the highest-profile tech companies to announce a layoff. The company laid off 1,000 employees (17%) and furloughed another 1,100. Yelp has seen customer interest in restaurants, its most popular category, decline 64% since March 10. See below link 👇for an opt-in spreadsheet of employees laid off.

UPDATE: Added a second opt-in spreadsheet of employees laid off, containing primarily engineers.

View list #1 of employees laid off ->

View list #2 of employees laid off ->

See our live Layoffs Tracker for a real-time report of all startups that have done layoffs.

Eventbrite

Eventbrite laid off 500 employees

Layoff list, , ,

🌎 San Francisco, Nashville ∙ 👩 500 employees (45%) ∙ 🖥 All departments

Eventbrite, the ticketing and events website, laid off 45% of its employees last week. Around 500 employees were affected across their San Francisco and Nashville offices (see below link for an opt-in list of laid-off employees👇). Eventbrite is highly dependent on live events, which have halted as a result of shelter-in-place. Its share price had fallen over 70% since mid-March.

UPDATE: Added a second opt-in list of employees laid off

View official list of employees laid off ->

View unofficial list of employees laid off ->

See our live Layoffs Tracker for a real-time report of all startups that have done layoffs.

Layoffs Roundup: Thurs 4/9/20

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Unicorn startups and notable consumer brands headlined the layoff news over the past couple of days. In the 4 weeks since the coronavirus was declared a pandemic, nearly 200 startups in total have conducted layoffs, affecting over 17,000 employees.

Below are a few of the recent layoffs. Check our Layoffs Tracker for a comprehensive report. If you’ve seen a layoff spreadsheet for any of these companies, please let us know so we can help the affected people!

  • Toast, which makes software for restaurants, cut 50% of its staff, or around 1,300 employees. Its success is “tightly coupled” with the restaurant industry, which has seen sales decline by 80% in most cities. Toast raised money at a $5 billion valuation in February.
    • 🌎 Boston ∙ 👩‍💼 1,300 employees (50%) ∙ 🔗Source
  • Eventbrite, the ticketing and events website, laid off 45% of its employees. The company is highly dependent on live events, which have halted as a result of shelter-in-place. Its share price had fallen over 70% since mid-March.
    • 🌎 San Francisco ∙ 👩‍💼 500 employees (45%) ∙ 🔗Source
  • ezCater, a corporate catering startup, laid off over 400 employees (44%). “We’re a company that feeds meetings, and meetings are not happening much right now,” the company said.
    • 🌎 Boston ∙ 👩‍💼 400 employees (44%) ∙ 🔗Source
  • Redfin, a real estate brokerage, laid off 7% of staff and either cut or furloughed 41% of its field agents. The company said that most agents would earn more from unemployment insurance than from Redfin. New listings, home tours, and home sales have all cooled due to the coronavirus pandemic.
    • 🌎 Seattle ∙ 👩‍💼 236 employees (7%) ∙ 🔗Source
  • Groupon, a marketplace for discounts from local businesses, conducted a round of layoffs and furloughs. The Chicago Tribune says that “significant portions” of its sales and sales operations teams were affected, while employee posts on LinkedIn suggests that the cuts spanned more broadly. Between 200-350 employees were laid off, according to these posts.
    • 🌎 Chicago ∙ 👩‍💼 200-350 employees ∙ 🔗Source
  • Newfront Insurance, a commercial insurance brokerage, laid off 94 employees. The startup has eschewed publicity but had grown headcount rapidly since founding in 2017.
    • 🌎 San Francisco∙ 👩‍💼 94 employees ∙ 🔗Source
  • Away, a direct-to-consumer maker of luggage and travel accessories, furloughed about half of its team and laid off an additional 10% (60 employees). Sales of its products have fallen by more than 90% over the past few weeks, since people are not traveling.
    • 🌎 New York City ∙ 👩‍💼 60 employees (10%) ∙ 🔗Source
  • Lever, which makes applicant tracking software, laid off 40% of its staff, according to a laid-off employee. The economic impact of COVID-19 has slowed down hiring (and as we know, increased the pace of layoffs). ZipRecruiter, another recruiting site, also held recent layoffs.
    • 🌎 San Francisco ∙ 👩‍💼 40% of employees
  • Zola, a website for creating wedding registries, laid off 20% of its team. Due to social distancing measures, couples have been delaying their weddings en masse.
    • 🌎 New York City ∙ 👩‍💼 20% of employees ∙ 🔗Source

Thumbtack

Thumbtack laid off 250 employees

Layoff list, , ,

🌎 San Francisco, Salt Lake City ∙ 👩‍💼250 employees (30%) ∙ 🖥 All departments

Thumbtack, a marketplace for local services like cleaners and plumbers, laid off 250 employees last week. A company executive provided Layoffs.fyi with an opt-in list of affected employees (see below👇). The list suggests that sales, people, engineering, design, and analytics in San Francisco and Salt Lake City were most impacted. Due to shelter-in-place, Thumbtack’s business has fallen by over 50% in many of its markets.

View list of employees laid off ->

See our live Layoffs Tracker for a real-time report of all startups that have done layoffs.

Layoffs Roundup: Thurs 4/2/20

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This week Layoffs.fyi has already tracked 23 startups that cut jobs, affecting over 1,500 employees. And there’s still two days left ☹️.

Below are a few of this week’s 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!

  • KeepTruckin, which helps trucking companies manage their fleets, laid off 349 employees (18%). This comes just one month after the company’s previous round of layoffs.
  • Thumbtack, a marketplace for local services like cleaners and plumbers, laid off 250 employees (30%). Due to shelter-in-place, business has fallen by over 50% in markets like San Francisco, Detroit, and New York City.
    • 🌎 San Francisco, Salt Lake City ∙ 👩‍💼 250 employees (18%) ∙ 🔗Source
  • Rover, a dog-walking and pet-sitting service, laid off 194 employees (41%). Pet owners no longer need Rover’s service because they’re now staying at home.
    • 🌎 Seattle ∙ 👩‍💼 194 employees (41%) ∙ 🔗Source
  • RigUp, which provides labor services to the energy industry, laid off 120 employees (25%). Oil and gas companies are in the middle of an economic downturn.
    • 🌎 Austin ∙ 👩‍💼 120 employees (25%) ∙ 🔗Source
  • Turo, a car-sharing company, laid off 108 employees (30%). Consumers are no longer renting cars because of shelter-in-place. Competitor Getaround also conducted recent layoffs.
    • 🌎 San Francisco ∙ 👩‍💼 108 employees (30%) ∙ 🔗Source
  • PatientPop, which helps healthcare providers manage the patient experience, laid off 100 employees, according to a LinkedIn post by an ex-employee.
    • 🌎 Los Angeles ∙ 👩‍💼 100 employees
  • uShip, which makes shipping software, laid off 65 employees (37%).
    • 🌎 Austin ∙ 👩‍💼 65 employees (37%) ∙ 🔗Source
  • Showpad, which makes software to improve sales teams’ productivity, laid off 52 employees (12%). It blamed the economic fallout caused by the coronavirus.
    • 🌎 Chicago ∙ 👩‍💼 52 employees (12%) ∙ 🔗Source
  • PeerStreet, a crowdfunding platform for investing in real estate loans, laid off 30% of their staff (50+ employees), according to an HR employee. Layoffs.fyi was the first to report the news.

Layoffs Roundup: Thurs 3/26/20

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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.
Quora

Quora announces layoffs

Layoff list, ,

🌎 Mountain View ∙ 👩‍💼 At least 12 employees ∙ 🖥 Mostly engineering

Quora, the question & answer website, announced a partial layoff to reduce costs to a more sustainable level. It’s unknown how many of the company’s ~200 employees were affected, but their layoff list (see link below 👇) includes about a dozen people — mostly engineers in the Bay Area.

View list of employees laid off ->