Karbon, a company providing practice management software for accounting firms, has conducted a layoff affecting approximately one in four employees, as indicated in a LinkedIn post by CEO Stuart McLeod. The reduction is part of a strategic shift to support customers, product vision, and growth amid current economic uncertainty. While the exact number of employees laid off and the total workforce size were not specified, the post emphasized support for the impacted team members and mentioned creating a list of available talent for other employers. The announcement was made in 2021, reflecting challenges in the tech industry during a period of economic unrest.
