Spring, a creator merchandise company formerly known as Teespring, conducted layoffs on Tuesday, July 13, 2022, affecting employees across growth, marketing, and other teams, including some high-level executives. The company, based in San Francisco and operating in the creator economy industry, confirmed the layoffs but did not disclose the exact number of employees impacted. CEO Chris Lamontagne stated the move was part of a plan to streamline the business and focus on building the best creator-facing product. Former employees described the layoffs as swift and expressed concerns about the company's direction, noting challenges beyond the economic downturn. Spring, which has raised $60 million, helps creators produce and sell merchandise through partnerships with platforms like YouTube, Twitch, and Instagram.
