Clearco Lays Off 125 Employees Amidst E-commerce Woes
In the midst of an e-commerce slowdown, Clearco has announced that it is laying off 125 employees. This represents 25% of its entire staff, and those impacted will receive severance…
Layoffs
Dover downsizes its staff by 30%: CEO cites economic downturn as reason
Dover downsizes its staff by 30%. Max Kolysh, Dover CEO, announced the layoff on the company’s blog early this month. Kolysh cited the economic downturn as the reason for the…
Tesla Lays Off Nearly 200 Employees, Shuts Down Data Annotation Office
Tesla has announced that it is laying off nearly 200 employees and shutting down its data annotation office. The layoffs come as Tesla is reducing jobs overall, but these cuts…
Outbrain Lays Off 38 Employees as Market Cap Plunges by 73%
Outbrain layoffs hit the company hard, with 38 employees being let go. This is around 3% of Outbrain’s total workforce, which numbers at around 1100 people. Outbrain has seen its…
Shopify Lays Off 1,000 Employees Amidst Reduction in Orders
Shopify layoffs are the latest in a series of tech startup layoffs. The Ottawa, Canada-based company is cutting around 1000 employees or about 10% of its workforce. Shopify has been…
Fiverr Lays Off 60 Employees, Stock Tumbles 89%
Fiverr, an Israeli startup that connects freelancers with companies and entrepreneurs, is laying off 60 employees. This comes after Fiverr announced in February that it was cutting its 2022 revenue…
Rivian Lays Off 6% of Workforce as Startup Automaker Trims Expenses
Electric truck manufacturer Rivian is laying off about 6% of its workforce as it adjusts to changing market conditions. About 840 employees were told they will be leaving the company,…