Lyft Lays Off 13% of Workforce, 683 Employees
Lyft is the latest company to announce layoffs, with 683 employees set to lose their jobs. The ride-hailing company is reducing its workforce by 13%, in an effort to reduce…
Layoffs
Stripe Is Laying Off 14% of Its Staff Amid Economic Uncertainty
Stripe, one of the world’s leading online payment providers, has announced that it will be laying off 14% of its staff. This move comes as the company grapples with a…
Fired vs Laid Off: What’s the Difference and What Does It Mean for You?
If you’ve been fired or laid off from your job, the first thing you need to do is understand the difference between the two. Many people think of being fired…
Zillow Lays Off 300 Employees Amidst Shift in Company Focus
Zillow has announced that it is laying off 300 employees, most of whom are in customer service roles. This move comes as the company shifts its focus to technology-related positions….
Cerebral Lays Off 20% of Staff in Push for Efficiency
In a move that is sure to shake up the telehealth industry, Cerebral has announced that it is laying off 20% of its staff. The digital health unicorn says that…
Fintech Unicorn Fundbox Lays Off 40% of Workforce
Fintech unicorn Fundbox has laid off 40% of its workforce in Israel and the U.S., parting ways with 150 of its 360 employees. Fundbox, which had developed an AI-powered financial…
Loom Conducts Second Round of Layoffs This Year 2022
Loom, a tech startup for video messaging, has carried out its second layoffs of the year. headquartered in San Francisco, Loom lowered its staff from 219 to 196 employees after…
Startup Layoffs: The New Normal?
Startup layoffs have been all the rage on LinkedIn lately. If you’re not being laid off, chances are good that someone you know is. And it’s not just low-level employees…
Apple Lays Off 100 Contract Recruiters in Push to Rein in Spending
Apple Inc. has reportedly laid off 100 contract recruiters in a move to rein in spending. The tech giant is said to have told the recruiters that the cuts were…
ThredUp Is Struggling as Shoppers Pull Back on Clothing Purchases, Lays Off 15% Workforce
ThredUp is eliminating 15% of its corporate workforce and shutting down a processing facility, according to CEO and co-founder James Reinhart. CFO Sean Sobers stated on Monday’s earnings call, “We’ll…
Crypto.com Lays Off Additional 260 Employees in Face of Bear Market, Sources Say
In the midst of a crypto bear market, crypto.com has reportedly laid off an additional 260 employees, bringing the total number of layoffs to 520 or 10% of its workforce….
Peloton to Slash 780 Jobs, Close Stores, and Raise Prices
In a move that is sure to send shockwaves through the startup community, Peloton announced that it will be slashing 780 jobs and closing down a significant number of its…
Startup Layoffs Hitting The Tech Industry Like A Storm
The startup layoffs just keep coming. Layoffs.fyi reports that 500 startup companies have conducted layoffs since the start of 2022. This is a frustrating trend that is emerging among all…
Jam City Lays Off Over One Hundred Employees in Major Restructuring
In a major restructuring, Jam City has laid off over one hundred employees today. This comes as the mobile developer behind titles like Harry Potter: Hogwarts Mystery, Disney Emoji Blitz,…
Beyond Meat Inc. Eliminates 40 Positions in Cost-Cutting Plan
Beyond Meat, the plant-based meat maker that became a Wall Street darling is eliminating about 40 positions as part of a broader cost-cutting plan. CEO Ethan Brown told employees in…
ChowNow Lays Off Around 100 Employees, Citing Economic Downturn
In a move that is sure to send shockwaves through the LA startup community, ChowNow has announced layoffs of around 100 employees. The company, which builds branded online ordering systems…