Quibi

Quibi layoff list surfaces after company shuts down

🌎 Los Angeles, CA βˆ™ πŸ‘© 100% of employees βˆ™ πŸ–₯ 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 belowπŸ‘‡)

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.

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

Airmap

Drone startup AirMap conducts layoff

🌎 Los Angeles, Austin βˆ™ πŸ‘© At least 13 employees βˆ™ πŸ–₯ 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 πŸ‘‡ for an opt-in spreadsheet of 13 employees laid off, including 9 engineers in Santa Monica and Austin.

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%

🌎 NYC, SF, LA, Seattle βˆ™ πŸ‘© 375 employees (15%) βˆ™ πŸ–₯ 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 linkπŸ‘‡). 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.

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

Blueground

Blueground laid off 130 employees

🌎 New York City, San Francisco, Los Angeles βˆ™ πŸ‘©β€πŸ’Ό130 employees (25%) βˆ™ πŸ–₯ 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 πŸ‘‡. The list spans people in business roles across New York, San Francisco, Los Angeles, and Chicago.

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

🌎 Los Angeles βˆ™ πŸ‘©β€πŸ’Ό 8 employees (10%) βˆ™ πŸ–₯ 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 belowπŸ‘‡). Demand for HopSkipDrive’s service has been affected by kids staying home from school.

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

🌎 Los Angeles βˆ™ πŸ‘©β€πŸ’Ό 50+ employees (30%) βˆ™ πŸ–₯ 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 listπŸ‘‡). 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).

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

Bird

Bird lays off over 400 employees

🌎 Los Angeles βˆ™ πŸ‘©β€πŸ’Ό 406 employees (30%) βˆ™ πŸ–₯ All departments

Bird, the electric scooter company, laid off 30% of staff, or 406 employees (see link below for the listπŸ‘‡). 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.

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