Food52
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Layoff History
21
affected
Food52, a food and home goods publisher, laid off 21 employees on Thursday, representing about 15% of its total staff. This marks the company's second round of cuts in two months, following 20 layoffs in April attributed to internal reorganization. The latest reductions primarily affected the editorial team, which now has 15 members, while remaining editorial and some creative staff have moved to 32-hour workweeks with full-time benefits.
20
affected
Food52, a tech-focused food media and e-commerce company, laid off 10% of its staff in early April 2022 as part of a strategic pivot to strengthen its e-commerce operations. This restructuring followed an $80 million investment from the Chernin Group. While the exact number of affected employees wasn't specified, the move came despite the company reporting doubled revenue and achieving profitability in 2020. The layoffs, which left staff feeling "gut-punched," are part of a broader shift that includes recent acquisitions like Schoolhouse and Dansk, and plans to expand into physical retail with pop-up shops and brick-and-mortar stores.