Layoffs in United States

Analog Devices laid off 111 employees on 2023-12-13.

Sojern, a digital marketing platform serving the travel industry, laid off approximately 20% of its workforce last week. The company stated the cuts were primarily tied to its legacy offerings as it shifts investment focus toward newer technologies. This move is part of a broader trend, marking Sojern as the third travel tech company to conduct layoffs within the past month.

Based on the provided content, no information about a layoff event at ForgeRock is available. The article content only displays a technical error message regarding disabled JavaScript in a web browser, preventing the site from loading properly. Therefore, a summary of layoff details such as the number of employees affected, reasons, or dates cannot be generated.

Invitae, a San Francisco-based genetic testing and health data startup, laid off 235 employees at its headquarters in early December 2023. This reduction represents 15% of the company's total workforce and affected technical, recruiting, HR, and sales departments, including some director-level roles. The layoffs are part of a strategic shift from aggressive growth and acquisitions toward cost-cutting, driven by a broader downturn in the biotech market. This follows a previous round of 1,000 job cuts in July, highlighting ongoing challenges in the tech and biotech sectors.

Etsy, the global e-commerce marketplace known for handmade and vintage goods, announced in December 2023 that it is laying off approximately 225 employees, representing 11% of its workforce. This reduction brings the core marketplace headcount to about 1,770. CEO Josh Silverman cited a "very challenging" macroeconomic and competitive environment as the primary reason, noting that while the marketplace has doubled in size since 2019, gross merchandise sales have remained essentially flat since 2021. The layoffs are part of a restructuring effort to streamline costs and reignite growth, despite the company raising its fourth-quarter EBITDA margin guidance.

FourKites representing approximately 15% of its workforce on 2023-12-13.

Chipper Cash, an Africa-focused fintech unicorn, laid off 15 employees in December 2023, marking its fourth round of job cuts within a year. This restructuring primarily affected its US team, with no roles in Africa impacted. The company, which facilitates cross-border payments and other financial services across the continent, stated the move was to ensure organizational efficiency and emphasized its business was performing well, expecting profitability soon. Alongside the layoffs, the company also reportedly reduced salaries for remaining staff in the US and UK. Founded in 2018, Chipper Cash had previously achieved a valuation of $2.2 billion and has raised over $300 million from notable investors.

Hasbro is laying off 1,100 employees as part of a cost-cutting and restructuring effort, aiming to save $350 million to $400 million by 2025. The company is refocusing on licensing opportunities and scaling entertainment, despite strong performance from its Wizards of the Coast division, which includes Dungeons & Dragons and Magic the Gathering. This follows a previous layoff of 800 employees in January.

Jungle Scout, an e-commerce software company specializing in Amazon seller tools, conducted a workforce reduction in late 2022, letting go of an unspecified number of employees. The layoffs were driven by market pressures and a strategic decision to refocus the company's efforts on its core mission of providing world-class Amazon competitive intelligence. While the exact scale of the layoff and the company's total employee count at the time were not publicly detailed in the announcement, the move was described as a difficult but necessary step to streamline operations and strengthen the business under existing constraints.

Sunfolding, a venture-backed solar tracker startup founded in 2012, has ceased operations after 11 years, resulting in the layoff of its entire workforce. The company, which once employed 44 people, faced insurmountable challenges primarily due to manufacturing issues and a lack of experience in executing solar projects. Despite developing an innovative pneumatic tracker system aimed at reducing costs and enabling installations on uneven terrain, Sunfolding struggled to compete in a market dominated by larger players like Array Technologies and Nextracker. The shutdown, confirmed in mid-2023, underscores the difficulties hardware startups face in the rapidly growing but competitive utility-scale solar industry, even after raising significant funding, including a $32 million round in 2019.

SmileDirectClub, a telehealth orthodontics company founded in 2014, has ceased all global operations and effectively shut down as of December 8, 2023, following its Chapter 11 bankruptcy filing in late September. The Nashville-based direct-to-consumer dental aligner firm, which once partnered with major retailers like Walmart and CVS, is winding down immediately, leaving an unspecified number of employees laid off and stranding customers mid-treatment. The company, which had positioned itself as an affordable alternative to traditional orthodontics, cited unsustainable financial challenges despite its mission to democratize smile care. This closure impacts the entire workforce and disrupts care for over two million customers served, marking a significant failure in the competitive telehealth and dental industry.

D2iQ representing approximately 100% of its workforce on 2023-12-08.

Zulily laid off 839 employees representing approximately 100% of its workforce on 2023-12-08.

Music streaming service Tidal is laying off more than 10% of its staff, affecting around 40 employees, as part of parent company Block's plan to cap headcount at 12,000 to focus on business growth.

Rivian laid off 20 employees on 2023-12-07.

Atmosphere on 2023-12-07.

Navan, a travel and expense management startup, has laid off approximately 145 employees, representing 5% of its global workforce of over 2,900 people. The cuts affected teams across various departments as part of the company's efforts to streamline operations and achieve profitability ahead of its planned initial public offering next year. This move reflects broader industry trends where tech startups are adjusting their strategies to strengthen financial performance in preparation for public market scrutiny.

Tidal laid off 40 employees representing approximately 10% of its workforce on 2023-12-06.

Navan, an expense management startup formerly known as TripActions, has laid off 5% of its staff, or 145 employees, as part of a restructuring effort to move faster toward profitability ahead of a delayed IPO. The company, based in Palo Alto, California, has seen strong growth in recent years and is refocusing on operational efficiencies while competing with rivals like Ramp and Brex.

Course Hero, an educational technology company, recently conducted layoffs affecting a number of skilled employees across all departments. While the exact number of impacted staff was not disclosed in the announcement, the company encouraged other employers to consider hiring from its alumni talent list. The layoffs occurred last week, with the company citing a restructuring effort as it navigates the evolving edtech landscape. Course Hero, which provides study resources and a platform for educators, has a workforce in the hundreds, indicating these cuts represent a significant, though unspecified, percentage of its total team.

Yahoo News conducted layoffs on December 5, 2023, as part of a strategic realignment within the media industry. The company eliminated a number of editorial positions, including from its "Originals" teams, and shut down its Gen Z and millennial-focused vertical, "In The Know." While the exact number of affected employees was not publicly disclosed, the cuts impacted multiple areas of the U.S. editorial team. Leadership stated the decision was not budget-driven but aimed at refocusing resources to strengthen Yahoo News as a trusted digital content guide. Some affected staff were offered transitions to other teams, such as commerce or the "Trending & Live" vertical, while others departed. This move reflects broader challenges and restructuring in the digital media sector.

Twilio announced layoffs affecting 5% of its workforce, or around 300 employees, reducing total employees from about 5,900 to 5,600. This follows activist pressure and previous layoffs in 2022 and earlier this year, with the company citing overspending and restructuring of its Segment and Flex business units.

TuSimple laid off 150 employees on 2023-12-04.

DwellWell, a startup in the real estate or proptech industry, has shut down, resulting in the layoff of its entire team of 12 employees. The closure was announced by founder Samantha Carow in late 2023, marking the end of a 3.5-year journey that began during the pandemic. While the specific reason for the shutdown wasn't detailed, the post expressed regret to investors and highlighted the challenges of startup ventures. The founder is now taking time off before pursuing new opportunities in 2024.

Meow Wolf laid off 8 employees on 2023-12-04.

Bending Spoons laid off the entire staff of Filmic, affecting 22 employees, after acquiring the company in July. The layoffs occurred in November as part of integrating Filmic's product into the Bending Spoons platform, with development continuing under a new team.

In November, Bending Spoons, the Italy-based app developer and parent company, laid off the entire 22-person team at Filmic (stylized as FiLMiC), including its founder and CEO. This represents 100% of the dedicated staff for the mobile video and photo app developer, which was acquired in September 2022. The layoffs were part of Bending Spoons' move to fully integrate the Filmic product into its own platform, shifting development and operations in-house. The company stated that a new dedicated internal team now possesses the necessary knowledge to continue the product's development. This drastic action occurred just over a year after the acquisition, which was initially framed as providing support to grow Filmic's apps.

Domo representing approximately 7% of its workforce on 2023-11-30.

Mojo, a sports-betting startup co-founded by Marc Lore and Alex Rodriguez, is laying off 20% of its staff as part of a strategic shift toward its B2B trading technology, moving away from its consumer-facing business. The company, which had about 95 full-time employees last year, announced the job cuts on November 30, 2023. Backed by $100 million in funding from investors like Thrive Capital, Mojo operates in the competitive and capital-intensive sports-betting industry, where startups face increasing pressure to demonstrate profitability. This restructuring reflects broader challenges in the venture-backed sports-betting market, as Mojo adapts to a changing landscape that demands a clearer path to financial sustainability.

Vox Media representing approximately 4% of its workforce on 2023-11-30.

Dataminr, a New York-based big data unicorn valued at $4.1 billion, is laying off approximately 150 employees, representing 20% of its staff, on November 28, 2023. The company, which specializes in using AI and big data to provide predictive insights on global events, cites the economic environment, operational efficiencies, and rapid advancements in its AI platform as reasons for the restructuring. CEO Ted Bailey indicated that these cuts will strengthen the company's financial footing, providing multiple years of cash runway and a path to profitability as it focuses on launching a new AI platform combining predictive and generative AI in Q1. The layoffs reflect a strategic shift to double down on AI development while navigating current market conditions.

Unity laid off 265 employees representing approximately 4% of its workforce on 2023-11-28.

Our Next Energy laid off 128 employees representing approximately 25% of its workforce on 2023-11-27.

VMware, a leading cloud computing and virtualization technology company, has recently conducted a round of layoffs. While the exact number of employees affected has not been officially disclosed, the workforce reduction is part of a broader restructuring effort following its acquisition by Broadcom. The layoffs, which occurred in early 2024, are aimed at streamlining operations and eliminating redundancies as the companies integrate. VMware operates in the enterprise software industry and is a significant player at a large scale, with thousands of employees globally. This move reflects the typical consolidation challenges post-merger in the tech sector.

Veev representing approximately 100% of its workforce on 2023-11-26.

Presto representing approximately 17% of its workforce on 2023-11-20.

Buildertrend representing approximately 16% of its workforce on 2023-11-17.

NextGen Healthcare laid off 84 employees on 2023-11-17.

Jane.com, a Utah-based online marketplace focused on women-owned businesses, abruptly shut down in mid-November 2023, laying off its entire workforce. The company, which had around 200 employees, ceased operations without prior notice, leaving vendors owed significant sums. The shutdown followed financial struggles, with the site going dark and displaying a "down for maintenance" message while employees confirmed the closure on social media. Operating in the e-commerce industry, Jane.com was a mid-sized platform that aimed to empower women entrepreneurs before its sudden collapse.

Amazon on 2023-11-17.

Sierra Space, a prominent private aerospace company valued at over $5 billion, laid off approximately 165 employees this week, along with a significant number of contractors, totaling several hundred personnel. This reduction affected about 8% of its workforce, which stood at around 2,000 employees prior to the cuts. The layoffs follow a recent surge in hiring to complete the Dream Chaser Tenacity spaceplane, which has now been shipped for pre-launch testing. The company is realigning its focus toward the operational phase of Dream Chaser's first mission and expanding its classified national security work, including adding nearly 150 cleared employees from Sierra Nevada Corp. The affected employees received severance packages including paid notice and benefits through the year-end.

Sonos on 2023-11-16.

Uleet representing approximately 100% of its workforce on 2023-11-15.

Singular Genomics representing approximately 10% of its workforce on 2023-11-15.

Landing on 2023-11-15.

Sarcos laid off 150 employees on 2023-11-14.

In November 2023, online pet goods retailer Chewy laid off over 200 employees, with sources indicating the figure was around 220. The layoffs affected multiple locations, including its headquarters in Plantation, Florida, and spanned roles in HR, recruiting, data and business intelligence, engineering, product management, and supply chain, including some directors and a vice president. The company, which had reported a surprise profit but faced concerns over declining active users, stated the move was to consolidate headcount and align efforts with strategic priorities for future growth. Chewy provided severance packages starting at one month, with additional weeks based on tenure.

Markforged on 2023-11-14.

Ping Identity on 2023-11-14.

Amazon is laying off over 180 employees in its Amazon Games division as part of a restructuring effort, shifting focus away from streaming and third-party game support to concentrate on developing its own major titles. The cuts, announced in late 2023, affect the Game Growth and Crown Channel initiatives. This move reflects a broader cost-cutting strategy under CEO Andy Jassy, following the largest layoffs in Amazon's history totaling 27,000 jobs since the previous year. The tech giant, a leader in e-commerce and cloud computing, is streamlining its gaming unit to prioritize upcoming releases like "Throne and Liberty" and future projects based on franchises such as "Tomb Raider" and "The Lord of the Rings."