Tag: Finance

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.
  • 🌎 Nashville, Chicago, SF ∙ 👩‍💼 349 employees (18%) ∙ 🔗List of employees laid off
• 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.
  • 🌎 Los Angeles ∙ 👩‍💼 51 employees (30%) ∙ 🔗List of employees laid off