Benevity, a Calgary-based enterprise software company specializing in corporate social impact and philanthropy platforms, laid off approximately 10% of its workforce in late 2024. This reduction, affecting around 65 employees, was part of a strategic restructuring to streamline operations and improve efficiency amid broader economic pressures in the tech sector. The company, which had about 650 employees prior to the cuts, stated the move was necessary to ensure long-term sustainability and focus on core product development. Benevity continues to serve major corporate clients with its platform for managing donations, volunteering, and grants.