Hibob, a human resources software company, laid off approximately 20% of its workforce, affecting around 40 employees out of a total of roughly 200. The layoffs occurred in early 2023 as part of a strategic restructuring to streamline operations and improve efficiency amid broader economic pressures in the tech industry. The company, which provides HR and people management platforms, operates on a global scale, serving small to medium-sized businesses. This move reflects a trend of workforce adjustments within the SaaS and HR tech sectors during that period.
