Greenhouse

Greenhouse, a leading HR technology company in the talent acquisition software industry, announced a difficult layoff on February 24, 2026, affecting nearly 100 employees in the U.S., which represents about 12% of its workforce. The decision was driven by deteriorating market conditions and a more severe economic downturn than initially expected, despite the company's strong growth history, approaching $200 million in revenue and serving over 7,000 customers. To ensure business stability, Greenhouse is reducing costs, particularly in sales and marketing, while focusing on preserving core functions like customer success and product development. The company is providing support to departing colleagues, including severance and benefits assistance.

Greenhouse, a New York-based company that provides applicant tracking software for recruiting, laid off 120 employees, representing 28% of its workforce, on Friday. This move reflects broader challenges in the recruiting tech sector, coming just a week after competitor Lever cut 86 employees. The company is offering affected staff 8 weeks of severance and 8 months of healthcare coverage.