DataRobot

DataRobot representing approximately 26% of its workforce on 2022-08-23.

DataRobot, a Boston-based AI startup, is conducting another round of layoffs under its new interim CEO, Debanjan Saha. While the exact number of affected employees was not disclosed, this follows a previous cut in May that eliminated 7% of its then 1,000-plus workforce. The company, which once reached a $6.3 billion valuation, is scaling back after over-expanding its operations last year in anticipation of an IPO. The decision is attributed to changed market realities, a weaker economy, and missed revenue targets. This restructuring comes amid leadership changes, including the recent resignation of the former CEO.

DataRobot laid off 70 employees representing approximately 7% of its workforce on 2022-05-11.

DataRobot laid off 200 employees on 2020-03-27.