In February 2023, Irish e-learning startup LearnUpon announced a workforce reduction of 9%, affecting 27 employees globally, including seven in Ireland. The company, which employs nearly 300 people across its offices in Ireland, the US, Australia, and Serbia, cited a challenging global economic environment as the reason for the layoffs. Co-founder and CEO Brendan Noud stated that this difficult decision aims to strengthen the company's position for future growth, with the restructuring bringing its global headcount back to levels from 11 months prior. LearnUpon, a Deloitte Fast 50-ranked company that secured €47 million in funding in 2020, is a notable player in the learning management system industry.
