Layoffs Roundup: Tues 3/24/20

The first wave of tech layoffs due to the coronavirus pandemic have hit startups that facilitate physical space like homes and offices. Check out our Layoffs Tracker for a comprehensive, real-time report.

  • Compass, the real estate brokerage, laid off 375 staffers. It has seen showings drop by 60% as people stay home during the pandemic.
    • 🌎 New York City ∙ 👩‍💼 375 employees (15%) ∙ 🔗The Real Deal
  • Convene, which provides flexible office space, laid off 150 people, citing fallout from the coronavirus.
  • Remote Year, which facilitates remote work while traveling abroad, laid off 50 employees. Travel has been severely disrupted by the coronavirus pandemic.
    • 🌎 Chicago ∙ 👩‍💼 50 employees (50%) ∙ 🔗TechCrunch
  • Yonder, which helps identify disinformation online using AI, laid off 18 employees to increase runway.
    • 🌎 Austin ∙ 👩‍💼 18 employees ∙ 🔗Austin Inno

If you’ve seen a layoff spreadsheet for any of these companies, please let us know!


Breather lays off 18 employees to work towards profitability

🌎 Mostly Montreal ∙ 👩‍💼 18 employees (17%) ∙ 🖥 All departments

Breather, which provides flexible office space across 10 cities, has laid off 18 employees (17% of its workforce). The layoffs are designed to help Breather achieve profitability by the end of 2020. Breather has raised $122 million from Menlo Ventures, RRE, and others.