Tag: Salt Lake City

Carta

Carta laid off 161 employees, citing customer slowdown

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🌎 San Francisco, Salt Lake City, Rio de Janeiro ∙ 👩 161 employees (16%)∙ 🖥 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.

Nav

Nav laid off 30 employees

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🌎 Salt Lake City ∙ 👩 30 employees (20%) ∙ 🖥 All departments

Nav, which offers a variety of credit solutions to small businesses, laid off 30 employees (20%), according to a former employee. See below link👇for a partial list of employees laid off in Salt Lake City. As the economy slows down due to the coronavirus, fintech startups that make money off commissions or transactions have experienced several layoffs.

View list of employees laid off ->

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

Peek conducted a mass layoff

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🌎 Salt Lake City ∙ 👩‍💼45 employees ∙ 🖥 Mostly business roles

Peek, a marketplace for travel activities, conducted a mass layoff in March, according to multiple LinkedIn posts by employees. If your company is recruiting, we now have a list of laid-off employees (see below👇). The list contains 25 ex-employees and skews towards business roles in their Salt Lake City office.

View list of employees laid off ->

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

Thumbtack

Thumbtack laid off 250 employees

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🌎 San Francisco, Salt Lake City ∙ 👩‍💼250 employees (30%) ∙ 🖥 All departments

Thumbtack, a marketplace for local services like cleaners and plumbers, laid off 250 employees last week. A company executive provided Layoffs.fyi with an opt-in list of affected employees (see below👇). The list suggests that sales, people, engineering, design, and analytics in San Francisco and Salt Lake City were most impacted. Due to shelter-in-place, Thumbtack’s business has fallen by over 50% in many of its markets.

View list of employees laid off ->

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