Casper

In September 2021, mattress startup Casper conducted a round of layoffs impacting dozens of employees, including three C-level executives: the Chief Marketing Officer, Chief Technology Officer, and Chief Operating Officer. The cuts largely affected retail and operations teams, signaling a broader restructuring effort aimed at reducing operating costs and focusing on North American operations to achieve profitability. This followed a previous workforce reduction of 21% over a year earlier when Casper shut down its European operations. The layoffs were communicated to employees on September 14, 2021, with those affected offered severance packages.

Casper laid off 78 employees representing approximately 21% of its workforce on 2020-04-21.