San Francisco-based software startup Zeplin has laid off 37 employees, representing about 35% of its workforce, in late August 2023. The company, which builds collaboration tools for designers and engineers, cited a challenging fundraising environment and increasing competition from rivals like Figma as key reasons for the cuts. The layoffs, announced during an all-hands meeting, particularly affected the sales and marketing teams, with reductions also in design, product, support, and HR. Founded in 2014 and a Y Combinator alum, Zeplin joins many tech firms resorting to workforce reductions to navigate post-pandemic economic pressures and customer attrition.
