Layoffs Roundup: Thurs 8/27/20

Below is a recap of the layoffs from this past week. Check out the Tracker for a complete list of all tech layoffs during the pandemic.

🏒 Salesforce βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© ~1,000 employees (2%) βˆ™ πŸ”—Source

  • Salesforce, the CRM and enterprise cloud software giant, laid off about 1,000 employees (2%) less than a day after reporting blowout earnings. In March, Salesforce’s CEO pledged to its workforce β€œOhana” that the company would not have any β€œsignificant” layoffs for 90 days. Recent layoffs affected sales and customer support, despite a 29% rise in revenue and 26% increase in share price. Affected workers were given 60 days to find another role in the firm.

🏒 Hipcamp βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© ~60% of employees βˆ™ πŸ”—Source

  • Hipcamp, an Airbnb for camping stays, laid off around 60% of its employees back in April, TechCrunch reported today. More recently though, Hipcamp’s business has rebounded now that stay-at-home orders have eased and travelers prefer the safety of the outdoors. Hipcamp has rehired some of its laid-off employees and is looking to expand its team further.

🏒 Docly βˆ™ 🌎 London βˆ™ πŸ‘© 8 employees (80%) βˆ™ πŸ”—Source

  • Telemedicine startup Docly, a spinoff of Swedish digital health provider Mik Doctor, stopped operating in the UK. 8 employees were laid off as a direct result of restructuring, as Docly will refocus on becoming a technology supplier for companies like Mik Doctor in the future.

🏒 Spaces βˆ™ 🌎 Los Angeles βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Spaces, a VR entertainment startup, was recently acquired by Apple, who has been buying VR teams to develop its own VR headset. When the news broke, Spaces’ CEO noted that the company had to lay off an undisclosed number of employees at the beginning of the pandemic and take out a PPP loan to β€œkeep the lights on.”

🏒 Streamsets βˆ™ 🌎 San Francisco Bay Area βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Streamsets, a data integration startup with $76 million of funding, laid off an unknown number of employees in order to survive the first wave of the pandemic. The layoffs came days after the company won a best workplaces award. The company cut R&D and some recent hires, saying that it needed to give up on β€œinefficient growth.”

🏒 Mapify βˆ™ 🌎 Berlin βˆ™ πŸ‘© Unknown # of employees βˆ™ πŸ”—Source

  • Mapify, an app for planning travel experiences, laid off β€œseveral team members,” citing the pandemic’s continued disruption on travel. The startup most recently raised a $1 million seed round in 2018.

Thanks to intern Stephan Billingslea for contributing to this post.


Conga lays off 11% following merger with Apttus

🌎 Denver βˆ™ πŸ‘© 11% of staff βˆ™ πŸ–₯ Multiple departments

Conga, which makes document generation software for Salesforce customers, laid off 11% of its staff last Monday, according to an internal email reviewed by

The company announced last month that it was merging with competitor Apttus in a reported $715 million deal. Last week’s layoff, which affected the combined entity, was the result of role redundancies caused by the merger.

Conga said that laid-off employees would be offered severance pay and transition resources, including 1:1 help with resume preparation and interviewing skills. The company has also created an opt-in alumni talent directory (see link πŸ‘‡).

The Conga layoff list currently contains 44 ex-employees across the country, primarily in Professional Services, Customer Success, Sales, and Sales Engineering.

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

Layoffs Roundup: Thurs 5/14/20

This past week saw layoffs from a number of notable startups, including 4(!) data analytics companies (Mixpanel, Segment, Mode Analytics, and ThoughtSpot).

Check out our tracker for a more comprehensive list. If you’ve seen a layoff spreadsheet for any of these companies, please let us know!

🏒 Stone βˆ™ 🌎 Sao Paulo βˆ™ πŸ‘©1,300 employees (20%) βˆ™ πŸ”—Source

  • A Brazilian payments processor, Stone has seen a decline in the volume of credit and debit card transactions processed by the company. Warren Buffett’s Berkshire Hathaway owns 8% of Stone, which held a hotly-anticipated IPO in 2018.

🏒 Jump βˆ™ 🌎 New York City βˆ™ πŸ‘©500 employees (100%) βˆ™ πŸ”—Source

  • As part of Uber’s $170 million investment in Lime, Uber is offloading money-losing subsidiary Jump, an e-bike and e-scooter startup it acquired in 2018. Reports suggest that all 400-500 Jump employees were laid off, though some were offered interview opportunities at Lime.

🏒 Glassdoor βˆ™ 🌎 SF Bay Area βˆ™ πŸ‘© 300 employees (30%) βˆ™ πŸ”—Source

  • An online job board, Glassdoor is the latest recruiting startup to announce layoffs. ZipRecruiter, Greenhouse, Lever, and Triplebyte have all made cuts in recent weeks due to the slowing pace of hiring across the country. Affected employees will receive at least 3 months of severance, accelerated vesting through the severance period, and reimbursed health insurance through the end of 2020.

🏒 Flatiron School βˆ™ 🌎 New York City βˆ™ πŸ‘© 100 employees (31%) βˆ™ πŸ”—Source

  • A coding bootcamp acquired by WeWork in 2017, Flatiron School is closing its Atlanta and London campuses, as well as its design program, in conjunction with the layoff. The cuts were focused on Flatiron School’s design and marketing teams, and come on top off the thousands already laid off by parent company WeWork.

🏒 Zeus Living βˆ™ 🌎 New York City βˆ™ πŸ‘© 73 employees (50%) βˆ™ πŸ”—Source

  • A corporate housing startup, Zeus Living’s 50% layoff comes two months after it already laid off 30% of its team. Last week the company was forced to raise funding at almost half its valuation from December. The company expects revenue to decline by 45% due to the slowdown of business travel caused by COVID-19.

🏒 Mixpanel βˆ™ 🌎 SF Bay Area βˆ™ πŸ‘© 65 employees (19%) βˆ™ πŸ”—Source

  • An analytics tool that measures user engagement, Mixpanel’s layoff spanned across sales, marketing and G&A positions. No roles in engineering, product, or design were affected. Half of the layoffs were in San Francisco.

🏒 SalesLoft βˆ™ 🌎 Atlanta βˆ™ πŸ‘© 55 employees βˆ™ πŸ”—Source

  • SalesLoft said that the users of its sales engagement software have been getting laid off, causing SalesLoft itself to do a layoff. The event is an example of the second-order effects of the economic fallout caused by the coronavirus.

🏒 Segment βˆ™ 🌎 SF Bay Area βˆ™ πŸ‘© 50 employees (10%) βˆ™ πŸ”—Source

  • A data analytics startup, Segment cited economic conditions as the reason for its layoff, but did not elaborate further.

🏒 Cadre βˆ™ 🌎New York City βˆ™ πŸ‘© 28 employees (25%) βˆ™ πŸ”—Source

  • An online marketplace for commercial real estate investments, Cadre has been hurt by the sudden slowdown in the real estate market. The company is offering laid-off employees health insurance through the end of 2020 and an extension of the post-termination exercise period on vested stock options to two years.

🏒 Kickstarter βˆ™ 🌎 New York City βˆ™ πŸ‘© 25 employees (18%) βˆ™ πŸ”—Source

  • A crowdfunding platform, Kickstarter lost not only the 25 employees it laid off, but also an additional 30 employees that accepted its voluntary separation package. One of the few tech companies whose employees are unionized, Kickstarter is offering departed employees 4 months of severance, 4-6 months of health insurance, a release from non-compete obligations, and priority consideration if the eliminated position re-opens within a year.

🏒 Mode Analytics βˆ™ 🌎 SF Bay Area βˆ™ πŸ‘© 17 employees βˆ™ πŸ”—Source

  • A business intelligence tool, Mode Analytics laid off 17 employees across sales, marketing, support, engineering, product, and recruiting.

Bullhorn laid off 100 employees

🌎 Boston βˆ™ πŸ‘© 100 employees βˆ™ πŸ–₯ All departments

A maker of CRM software, Bullhorn laid off 100 employees last Thursday, according to a LinkedIn post from its CEO. Bullhorn primarily serves staffing and recruiting companies, which have seen dramatic revenue declines as hiring slows down.

Bullhorn’s CEO took the extra step of sharing an opt-in list of employees laid off to help them find new opportunities. See below link πŸ‘‡for the list.

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