Tag: Transportation

Lime

Lime laid off 80 employees

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🌎 SF Bay Area ∙ 👩 80 employees (13%) ∙ 🖥 All departments

Lime, the scooter rental startup, laid off 80 employees (13%) last week. The company said it’s had to “pause operations in 99% of markets worldwide to support cities’ efforts at social distancing.” Lime previously cut 100 workers and shut down 12 markets in January before the coronavirus pandemic.

View the link below 👇for an opt-in list of Lime employees laid off.

View list of employees laid off ->

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

Cargurus

CarGurus laid off 130 employees

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🌎 Boston ∙ 👩 130 employees (13%) ∙ 🖥 All departments

CarGurus, a marketplace for cars, laid off 130 employees (13%) last month. The company said that dealers have been forced to close due to stay-at-home orders, “effectively pausing vehicle sales.” Despite reducing marketing spend and offering a 50% billings discount to help its dealer partners, CarGurus wasn’t able to avoid laying off staff.

Click the link below 👇for a list of CarGurus employees who are open to being contacted about job opportunities.

View list of employees laid off ->

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

Lyft

Lyft laid off 982 employees

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🌎 SF Bay Area ∙ 👩 982 employees (17%) ∙ 🖥 All departments

Lyft, the ridesharing startup, laid off 982 employees (17%) yesterday and furloughed 288 more. Rival Uber is reportedly discussing a layoff as well (to the tune of 5,000 people), though those cuts have not been finalized. Lyft and Uber’s revenue have fallen by more than 50% as a result of the coronavirus pandemic.

See below link 👇for an opt-in list of Lyft employees laid off, including 35 engineers.

View list of employees laid off ->

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

Layoffs Roundup: Wed 4/29/20

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Although the number of new startup layoffs thankfully declined this past week, there were deep cuts from companies like Lyft, TripAdvisor, and Deliveroo.

Below are a few of the recent layoffs. You can check our tracker for a more comprehensive report. As always, if you’ve seen a layoff spreadsheet for any of these companies, please let us know!

🏢 Lyft ∙ 🌎 SF Bay Area ∙ 👩982 employees (17%) ∙ 🔗Source

  • Ridesharing company Lyft has seen demand drop as people stay at home. Rival Uber is reportedly discussing a layoff as well (to the tune of 5,000 people), though those cuts have not been finalized.

🏢 TripAdvisor ∙ 🌎 Boston ∙ 👩900 employees (25%) ∙ 🔗Source

  • In conjunction with the layoff, TripAdvisor closed its San Francisco and downtown Boston offices. It is also pausing 401(k) matching 😢and reducing pay and hours to reflect a 4-day workweek. TripAdvisor became the latest travel company to conduct layoffs, joining Sonder (400 laid off on 3/24), TripActions (300 on 3/25), TravelTriangle (250 on 3/28), and Fareportal (200 on 3/26).

🏢 Deliveroo ∙ 🌎 London ∙ 👩 367 employees (15%) ∙ 🔗Source

  • An online food delivery service, Deliveroo blamed the layoff on the coronavirus pandemic. Although demand for meal delivery has risen due to shelter-in-place, consumers may increasingly decide to save money by cooking instead, something my wife told me I should also consider.

🏢 Automation Anywhere ∙ 🌎 SF Bay Area ∙ 👩 260 employees (10%) ∙ 🔗Source

  • A robotic process automation platform, Automation Anywhere said it needed to cut costs to adjust to the economic fallout caused by COVID-19. Although a startup that automates repetitive manual tasks would seemingly benefit from the pandemic, most of Automation Anywhere’s customers have its software installed on their own servers, in their own offices (that are now closed).

🏢 StockX ∙ 🌎 Detroit ∙ 👩 100 employees (12%) ∙ 🔗Source

  • A resale marketplace for sneakers, StockX has been negatively impacted by the plummeting demand for sneakers during the economic slowdown. The resale price of the 2020 Off-White Air Jordan V, for example, has dropped from a high of $986 to a low of $657 (which still sounds really expensive??)

🏢 Zenefits ∙ 🌎 SF Bay Area ∙ 👩 87 employees (15%) ∙ 🔗Source

  • A maker of HR and payroll software, Zenefits cited the coronavirus pandemic as the cause of the layoff. The company is running a number of coronavirus-related initiatives, including offering one year of free payroll for small business customers.

🏢 App Annie ∙ 🌎 SF Bay Area ∙ 👩 80 employees (18%) ∙ 🔗Source

  • A mobile analytics startup, App Annie said the layoff would help it become self-sufficient.

🏢 Sisense ∙ 🌎 New York City ∙ 👩 80 employees (9%) ∙ 🔗Source

  • A maker of business analytics software, Sisense is projecting lower growth due to economic slowdown. Accordingly, its cuts were reportedly concentrated in their sales and marketing teams.

🏢 WeWork ∙ 🌎 SF Bay Area ∙ 👩 74 employees ∙ 🔗Source

  • Beleaguered co-working company WeWork is laying off another 74 employees, including 60 from its 655 Montgomery St. location. WeWork had already cut thousands of employees in prior rounds of layoffs.

🏢 Oscar Health ∙ 🌎 New York City ∙ 👩 70 employees (5%) ∙ 🔗Source

  • A health insurance company, Oscar Health said the layoff was needed to meet budget goals. The company, co-founded by Josh Kushner (whose brother is President Trump’s son-in-law), has been criticized for potential conflicts of interest related to COVID-19 testing.
Zum

Kid-friendly ride service Zum conducts layoff

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🌎 SF Bay Area∙ 👩 At least 28 employees ∙ 🖥 All departments

Zum, a children’s transportation service, conducted a layoff earlier this week, according to sources close to the company. If you’re recruiting, see link below👇for a spreadsheet of employees laid off. School closures have negatively affected services like Zum and rival HopSkipDrive, who also did a layoff.

View list of employees laid off ->

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

Layoffs Roundup: Thurs 4/23/20

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Almost 300 startups have now laid off nearly 30,000 employees since the coronavirus pandemic began.

Below are a few notable layoffs from this past week. You can check our tracker for a more comprehensive report. As always, if you’ve seen a layoff spreadsheet for any of these companies, please let us know!

🏢 Magic Leap ∙ 🌎 Miami ∙ 👩 1,000 employees (50%) ∙ 🔗Source

  • One of the most prominent augmented reality startups, Magic Leap decided to abandon its consumer business and instead focus on enterprise use cases. Despite raising over $2 billion in funding, the company has found it challenging to release a mainstream product or generate meaningful revenue.

🏢 Lending Club ∙ 🌎 SF Bay Area ∙ 👩 460 employees (30%) ∙ 🔗Source

  • An online lender, Lending Club said its layoff was the result of tightening credit markets and a drop in demand for personal loans, the company’s flagship product.

🏢 Houzz ∙ 🌎 SF Bay Area ∙ 👩 155 employees (10%) ∙ 🔗Source

  • An online platform for home remodeling, Houzz said that social distancing measures has led to lower demand for its pro subscriptions, which connect home remodeling professionals with potential customers. Houzz is providing laid-off employees with severance packages based on tenure and 3 months of benefits.

🏢 CarGurus ∙ 🌎 Boston ∙ 👩 130 employees (13%) ∙ 🔗Source

  • A marketplace for cars, CarGurus said that dealers have been forced to close due to stay-at-home orders, “effectively pausing vehicle sales.”

🏢 Greenhouse Software ∙ 🌎 New York City ∙ 👩 120 employees (28%) ∙ 🔗Source

  • A maker of applicant tracking software, Greenhouse is the latest recruiting startup to conduct a layoff. Competitor Lever laid off 86 employees (40%) a week before. Greenhouse is offering laid-off employees 8 weeks of severance and 8 months of healthcare.

🏢 ConsenSys ∙ 🌎 New York City ∙ 👩 91 employees (14%) ∙ 🔗Source

  • An incubator of Ethereum projects, ConsenSys cited the coronavirus pandemic as the cause of its layoff. However, the company did not elaborate on exactly how the pandemic has affected its business.

🏢 Casper ∙ 🌎 New York City ∙ 👩 78 employees (21%) ∙ 🔗Source

  • A direct-to-consumer mattress startup, Casper also decided to close its European operations. The company hopes the job cuts will help it achieve profitability by mid-2021. One laid-off employee said, “though I am unsure what tomorrow holds, I do know that before tomorrow must come a good night’s sleep.”

🏢 Freshbooks ∙ 🌎 Toronto ∙ 👩 38 employees (9%) ∙ 🔗Source

  • An accounting software company, Freshbooks said its small business customers have been affected by the economic fallout caused by the coronavirus. Freshbooks was planning to raise additional capital before COVID-19, suggesting that one motivation for the layoff was to extend the company’s cash runway.

🏢 Sweetgreen ∙ 🌎 Los Angeles ∙ 👩 35 employees (10%) ∙ 🔗Source

  • A fast casual salad chain, Sweetgreen’s business has plummeted because of shelter-in-place. An employee said that app order volume has fallen by 2/3. Sweetgreen raised $150 million in funding last year, becoming possibly the only salad restaurant ever to raise venture capital.

🏢 Patreon ∙ 🌎 SF Bay Area ∙ 👩 30 employees (13%) ∙ 🔗Source

  • Patreon, which enables artists and creators to accept money from their fans, said that the layoff was caused by “several other factors beyond the financial ones.” It cited a recent performance review cycle and a new company strategy, in addition to the current economic uncertainty.

🏢 People.ai ∙ 🌎 SF Bay Area ∙ 👩 30 employees (18%) ∙ 🔗Source

  • A maker of predictive sales software, People.ai denied that the coronavirus pandemic has had any negative effect on its business. It said the layoff was simply to protect against future uncertainty. As would be expected of a sales startup, People.ai also listed multiple examples of how the company is in an extremely strong position.

🏢 Lambda School ∙ 🌎 SF Bay Area ∙ 👩 19 employees ∙ 🔗Source

  • A training program for aspiring software engineers, Lambda School said the layoff was meant to reflect a shift in priority away from growth and towards student experience. The startup has recently received criticism for the quality of its program and for engaging in misleading marketing.
Turo

Turo laid off 108 employees

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🌎 San Francisco, Phoenix ∙ 👩 108 employees (30%)∙ 🖥 All departments

Turo, a car-sharing company, laid off 108 employees (30%) last month. We now have access to an opt-in spreadsheet of employees laid off (see below link👇). Consumers are no longer renting cars due to shelter-in-place orders, leading to layoffs not only at Turo but also at competitors Getaround and Zipcar.

View list of employees laid off ->

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

Layoffs Roundup: Tues 4/14/20

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The Layoffs.fyi Tracker has now confirmed 230 startups w/ layoffs and 22,000 employees laid off since the coronavirus was declared a pandemic.

Below are a few of the recent layoffs. Check our tracker for a comprehensive report. If you’ve seen a layoff spreadsheet for any of these companies, please let us know so we can help the affected people!

  • Groupon, a marketplace for discounts from local businesses, said it expects to lay off or furlough 44% of its team (2,800 employees). Previous reports suggested that only the sales and sales operations teams were affected, but the company’s announcement confirms a significantly deeper cut. Groupon has seen a “material deterioration” in its business due to the closure of local businesses it works with.
    • 🌎 Chicago ∙ 👩 2,800 employees (44%) ∙ 🔗Source
  • Meow Wolf, an art collective that creates interactive experiences, laid off 201 employees. Its art installations and live events have been cancelled due to shelter-in-place.
    • 🌎 Santa Fe ∙ 👩 201 employees ∙ 🔗Source
  • Monzo, an online bank, closed its Las Vegas office and laid off all 165 customer support employees there. The decision was in the works prior to the coronavirus pandemic.
    • 🌎 Las Vegas ∙ 👩 165 employees ∙ 🔗Source
  • OneTrust, which makes software that helps companies comply with privacy regulations, laid off 10-15% of its 1,500 employees. The company raised funding at a $2.7 billion valuation just two months ago.
    • 🌎 Atlanta ∙ 👩 150 employees (10%) ∙ 🔗Source
  • Omie, a Brazilian startup that sells business management software to small businesses, laid off 136 employees (15%).
    • 🌎 Sao Paulo ∙ 👩 136 employees (15%) ∙ 🔗Source
  • Zoox, a maker of self-driving taxis, is laying off 100 employees (10%). The news comes just one week after it laid off all 120 of its contract workers, including its backup drivers. Shelter-at-home orders have affected Zoox’s ability to continue testing its self-driving vehicles.
    • 🌎 San Francisco∙ 👩 100 employees (10%) ∙ 🔗Source
  • Domo, which creates business intelligence software to help executives manage their business, cut roughly 10% of its staff (about 90 people). The layoff was needed to ensure the company wouldn’t run out of money.
    • 🌎 Salt Lake City ∙ 👩 90 employees (10%) ∙ 🔗Source
  • Clinc, which uses AI to create virtual assistants, laid off 32% of its staff (40 employees). In February, the company’s CEO resigned after employee complaints of inappropriate behavior.
    • 🌎 Ann Arbor ∙ 👩 40 employees (32%)∙ 🔗Source
  • Mejuri, a startup that sells fine jewelry, laid off 15% of its team. Its retail stores have been closed since late March due to the ban on non-essential businesses.
    • 🌎 Toronto ∙ 👩 36 employees (15%) ∙ 🔗Source

Scoop

Scoop announces layoff

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🌎 San Francisco ∙ 👩 Unknown # employees ∙ 🖥 All departments

Scoop, which facilitates carpooling for commuters, announced a layoff on Wednesday (see below link for list of affected employees👇). With offices closed across the country, Scoop is currently operating at a “fraction” of its normal volume. The company joins other transportation startups like Zipcar, Turo, Getaround, and HopSkipDrive to reduce staff.

View list of employees laid off ->

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

Metromile

Metromile laid off 100 employees

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🌎 San Francisco ∙ 👩‍💼100 employees (33%) ∙ 🖥 All departments

Metromile, which sells car insurance based on actual miles driven, laid off 100 employees yesterday (see below link for list 👇). The layoffs occurred in San Francisco, Boston, and Tempe. Metromile cited “economic uncertainties as a result of COVID-19” as the reason for the layoffs. One would guess that the company’s revenues have plummeted since customers have been driving far fewer miles.

View list of employees laid off ->

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