Carta

Carta laid off 161 employees, citing customer slowdown

🌎 San Francisco, Salt Lake City, Rio de Janeiro βˆ™ πŸ‘© 161 employees (16%)βˆ™ πŸ–₯ All departments

Carta, which makes software that helps companies manage the equity they’ve issued to investors and employees, laid off 161 people (16%) last week. Carta is providing affected employees 3 months of pay and healthcare insurance until the end of the year — one of the more generous packages I’ve seen.

UPDATE: The link to Carta’s layoff spreadsheet has been removed upon their request.

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