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
