Chief

Chief, a networking organization for executive women valued at $1.1 billion, has conducted layoffs primarily affecting technology and administrative roles as part of a restructuring effort announced in October 2024. The move aims to provide the company with "more agility" and balance growth with profitability, according to a spokesperson. While the exact number of employees impacted was not disclosed, this follows a previous round in April 2023 when Chief laid off 14% of its staff amid a challenging economic climate. The company, which describes itself as the nation's largest network for senior executive women, recently refocused on its U.S. operations after closing its London office, and is now concentrating on enhancing member experiences like executive coaching and education programs.

Chief on 2024-01-11.

Chief, a professional network for women leaders, laid off 43 employees, representing 14% of its staff, on April 27, 2023, as part of a restructuring effort in response to the challenging economic environment. The company, which operates in the professional networking and community industry, now has around 262 remaining employees. The layoffs primarily affected U.S. staff, sparing its smaller U.K. presence. In an email to employees, co-founders cited a focus on enhancing member experience through in-person opportunities, personalization, digital simplification, and embedding diversity and inclusion. This move follows recent scrutiny over the company's stance on social issues, as it continues to serve its 20,000-member base.