Away

Away representing approximately 25% of its workforce on 2024-02-14.

Away laid off 22 employees representing approximately 8% of its workforce on 2023-05-31.

In April 2020, the direct-to-consumer travel brand Away, a New York-based luggage company valued at $1.4 billion, implemented significant workforce reductions due to the COVID-19 pandemic's catastrophic impact on travel. With sales of its products plummeting over 90% in recent weeks, the company first closed its retail stores but found that insufficient. As a result, Away furloughed approximately half of its employees and laid off an additional 10% of its workforce. The founders described the decision as devastating and a last resort, noting they and senior leadership took salary cuts. Affected employees received at least eight weeks of severance and healthcare coverage through June. The layoffs were a direct response to the near-total halt in global travel, which severely disrupted the company's operations.