Tag: London

Spotahome

Spotahome launches alumni talent directory

Layoff list, , ,

🌎 Madrid, London ∙ 👩 At least 31 employees ∙ 🖥 Multiple departments

Spotahome, a European startup that helps people list mid to long-term housing rentals, launched a talent directory of its alumni employees (see link 👇). A layoff at the company has yet to be reported publicly.

The Spotahome talent directory features 31 ex-employees in Madrid and London. The company last raised a $40 million round of funding in 2018.

View talent directory ->

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Oyo

Oyo UK launches talent directory for laid-off employees

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🌎 London ∙ 👩 At least 34 employees ∙ 🖥 Multiple departments

Oyo, a lodging startup headquartered in India, has cut hundreds of employees globally as the pandemic decimates its business.

In the wake of these layoffs, the Oyo UK division released a talent directory to showcase a few of its affected employees (see link 👇). Employees were told in May that most of the UK staff would be laid off, numbering approximately 150-200 people.

It’s not clear whether the talent directory is meant to cover the May layoffs, or if there’s been a new round in July. The Oyo layoff list features 34 ex-employees, many of whom are in sales.

According to a recent internal memo, Oyo’s global revenue has dropped to ~30% of pre-COVID levels amid declining hotel occupancy rates.

View list of employees laid off ->

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Perkbox

HR tech startup Perkbox launches talent directory following layoff

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🌎 London ∙ 👩 At least 4 employees ∙ 🖥 Multiple departments

Perkbox, which makes HR software designed to improve the employee experience, conducted a layoff last week. In a LinkedIn post announcing the layoff, the company launched a talent directory showcasing some of its former employees (see link 👇).

The Perkbox layoff list features 4 ex-employees based in London.

View list of employees laid off ->

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Monzo

Monzo launches layoff list amid multiple rounds of layoffs

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🌎 London ∙ 👩 Hundreds of employees ∙ 🖥 Multiple departments

A London-based digital bank, Monzo laid off 120 of its U.K. employees in June and 165 of its Las Vegas employees in April. The company also previously furloughed 295 U.K. employees.

To help its laid-off employees find new roles, Monzo created a talent directory (see link 👇) . It’s not clear whether the directory is meant to cover the company’s previous layoffs, or if there’s been a new round in July. In a LinkedIn post, an employee on Monzo’s talent team alludes to “saying goodbye to some incredibly valued colleagues at Monzo right now.”

As consumers pull back on spending, Monzo generates less revenue from the interchange fees on its debit card products. The company recently raised £60 million at a 40% lower valuation to its prior round last year.

The Monzo layoff list features 24 ex-employees, many of whom are engineers and designers.

View list of employees laid off ->

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Deliveroo

Deliveroo layoff list showcases over 100 of its global employees

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🌎 London, Dubai, Taipei ∙ 👩 367 employees (15%) ∙ 🖥 Multiple departments

London-based Deliveroo, a food delivery startup that operates in 13 markets globally, laid off 367 employees in late April. At the time, the company was vague about the reasons for the layoff, but it’s widely speculated that the unprofitability of food delivery startups combined with pandemic-induced restaurant closures has led to troubles across the category.

On LinkedIn, the company has been promoting an official Deliveroo talent directory that showcases some of its laid-off employees (see link 👇). The Deliveroo layoff list contains over 100 former employees, primarily in London, Dubai, and Taipei.

View list of employees laid off ->

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.

Dotscience

DevOps startup Dotscience shuts down

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🌎 London ∙ 👩 10+ employees (100%) ∙ 🖥 All departments

Dotscience, which makes DevOps tools for machine learning, shut down this week. The company said it ran out of money and was unable to secure additional financing.

In a blog post announcing the shutdown (see link below 👇), Dotscience listed 10 laid-off employees seeking new roles, including 7 engineers.

View list of employees laid off ->

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.