Tag: Los Angeles

Quibi

Quibi layoff list surfaces after company shuts down

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🌎 Los Angeles, CA ∙ 👩 100% of employees ∙ 🖥 All departments

Quibi, the hyped short-form video streaming service, shut down two weeks ago despite raising $1 billion in funding. In the wake of the shutdown, a layoff list has emerged showcasing ex-employees looking for new opportunities (see link below👇)

Started by entertainment and tech veterans Jeffrey Katzenberg and Meg Whitman, Quibi launched with much fanfare six months ago. The company hoped to create a new streaming service specifically geared towards smartphone consumption, in part by creating 10-minute episodes. However, the service struggled to gain traction, signing up only 500,000 subscribers compared to its initial target of 7 million.

Quibi’s layoff list contains roughly 150 people across multiple functions, primarily in the Los Angeles area.

View list of employees laid off ->

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

Airmap

Drone startup AirMap conducts layoff

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🌎 Los Angeles, Austin ∙ 👩 At least 13 employees ∙ 🖥 All departments

AirMap, an airspace services platform for unmanned aircraft, announced that it was reducing staff and cutting non-core initiatives. Two sources tell Layoffs.fyi that around 30% of the team was let go. One laid-off employee says that 28 people were affected, and that the layoffs are effective as of May 15.

See link below 👇 for an opt-in spreadsheet of 13 employees laid off, including 9 engineers in Santa Monica and Austin.

View list of employees laid off ->

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

Compass

Compass laid off 375 employees, showings have dropped by 60%

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🌎 NYC, SF, LA, Seattle ∙ 👩 375 employees (15%) ∙ 🖥 All departments

We previously mentioned that Compass, the real estate brokerage, laid off 375 staffers in late March. We now have access to a partial list of employees laid off (see below link👇). Compass has seen showings drop by 60% as people stay home during the pandemic. Many other real estate startups, including Redfin and Blueground, have also laid off workers in the past month.

View list of employees laid off ->

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

Blueground

Blueground laid off 130 employees

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🌎 New York City, San Francisco, Los Angeles ∙ 👩‍💼130 employees (25%) ∙ 🖥 Mostly business roles

Blueground, an apartment rental company, laid off 130 people (25%) last week. It joins many other real estate startups to conduct layoffs during the coronavirus pandemic. Recruiters — see below link for a partial list of laid-off employees 👇. The list spans people in business roles across New York, San Francisco, Los Angeles, and Chicago.

View list of employees laid off ->

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

HopSkipDrive

EXCLUSIVE: HopSkipDrive laid off 10% of team due to school closures

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🌎 Los Angeles ∙ 👩‍💼 8 employees (10%) ∙ 🖥 Business roles

HopSkipDrive, a ride service for families and their children, laid off 10% of its team on March 13. A company executive provided Layoffs.fyi a list of the laid-off employees (see below👇). Demand for HopSkipDrive’s service has been affected by kids staying home from school.

View list of employees laid off ->

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

PeerStreet

BREAKING: LA-based PeerStreet lays off 50+ employees

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🌎 Los Angeles ∙ 👩‍💼 50+ employees (30%) ∙ 🖥 All departments

PeerStreet, a crowdfunding platform for investing in real estate loans, laid off 30% of their staff yesterday. According to an HR employee, the company let go over 50 employees across multiple departments (see link below for the list👇). PeerStreet is the first fintech startup to do a layoff post-COVID 19, but the 3rd one beginning with “Peer” (along with Peerspace and Peerfit).

View list of employees laid off ->

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

Bird

Bird lays off over 400 employees

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🌎 Los Angeles ∙ 👩‍💼 406 employees (30%) ∙ 🖥 All departments

Bird, the electric scooter company, laid off 30% of staff, or 406 employees (see link below for the list👇). Bird had already paused its services in many markets in response to the coronavirus. Scooter companies are reeling from the pandemic — in January, competitor Lime laid off 100 employees and is expected to do another round of layoffs shortly.

View list of employees laid off ->

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