Layoffs in United States

Olive representing approximately 100% of its workforce on 2023-10-31.

Hubilo, a virtual events platform, conducted layoffs on Monday, affecting at least 50 employees, primarily in sales and marketing roles, with initial plans suggesting up to 100 cuts. The company, which had raised $125 million in 2021, has shifted its focus from virtual events to webinars due to the industry's decline post-pandemic. This move follows earlier layoffs in July 2022 and January 2023. Most remaining employees are based in India, with indications that U.S. staff may now be minimal. The restructuring reflects challenges in adapting to the changing events landscape, as leadership cited unsustainable operations with the current organization size.

Bungie is conducting layoffs, delaying the Destiny 2 expansion and Marathon release as part of restructuring efforts.

Creator finance startup Karat Financial laid off staffers in October 2023, with sources estimating at least 10% of the company's workforce was cut, though precise numbers were not disclosed. This reduction comes just months after the company, which provides financial services like taxes and bookkeeping for content creators, raised $70 million in a Series B funding round. The layoffs reflect broader challenges in the creator economy, where growth has cooled amid market uncertainty, leading to cuts across various startups and social media firms. Despite the layoffs, Karat continues to hire for several open positions.

Hippo Insurance laid off 120 employees representing approximately 20% of its workforce on 2023-10-26.

Salsify laid off 110 employees on 2023-10-25.

Exabeam, a cybersecurity company, announced a business restructuring on October 25, 2023, resulting in layoffs of approximately 20% of its global workforce. The reduction, affecting employees and contractors across all departments and geographies, was attributed to the need for operational efficiency and financial health amid challenging global macroeconomic conditions. The company emphasized its continued commitment to AI-driven security operations innovation while expressing gratitude to departing employees for their contributions to its market leadership.

Slync representing approximately 100% of its workforce on 2023-10-25.

Shipt representing approximately 3% of its workforce on 2023-10-24.

Pebble, a Twitter alternative previously known as T2, is shutting down in October 2023. The social media startup, which had grown a small but engaged community, failed to gain sufficient traction in a crowded market for microblogging platforms. The app maxed out at only 3,000 daily active users out of 20,000 registered accounts, with usage declining further after a rebrand. Facing intense competition from rivals like Mastodon, Bluesky, and Meta's Threads, the company cited the enduring network effect of X (formerly Twitter) and a faster-than-expected evolution of the competitive landscape as key reasons for its closure. The shutdown represents an early casualty among the many emerging alternatives to X.

SiFive laid off 130 employees representing approximately 20% of its workforce on 2023-10-24.

Tropic, a procurement software company, has laid off 26 employees as part of a restructuring to align with its 2024 strategy. This move, announced by CEO David Campbell, reflects the company's transition from a tech-enabled services business to a scalable SaaS model following the launch of its unified platform, Tropic 2.0, in May. While the exact percentage of the workforce affected is not specified, the layoffs are aimed at optimizing team structures for efficiency in a shifting market. The decision, though difficult, is intended to position Tropic for long-term growth and hyper-scale, with efforts underway to support impacted employees in finding new opportunities.

Healthcare staffing startup Nomad Health conducted its second round of layoffs this year in October, cutting approximately 25% of its nonclinical workforce. This follows a previous reduction of 17% in February. The company, which operates a marketplace connecting nurses and clinicians with job opportunities, cited shrinking hospital budgets due to high inflation and rising costs as the primary reason. These financial pressures have reduced immediate staffing demands from healthcare organizations, leading to decreased business for staffing platforms like Nomad. The layoffs reflect broader challenges in the healthcare staffing industry, where several other startups have also downsized this year.

Convoy laid off 500 employees representing approximately 100% of its workforce on 2023-10-19.

LegalZoom laid off 100 employees on 2023-10-19.

Bullhorn laid off 140 employees representing approximately 9% of its workforce on 2023-10-19.

Google, the tech giant under Alphabet, laid off approximately 40 to 45 employees in its news division this week, affecting a small portion of the hundreds still working on the product. This reduction, part of broader downsizing efforts to address slowing growth and economic uncertainty, occurs at a sensitive time as online platforms face heightened pressure to combat misinformation surrounding the Israel-Hamas conflict and Russia's war in Ukraine. Despite the layoffs, Google reaffirmed its commitment to maintaining a vibrant information ecosystem and supporting affected employees with transition services.

Made Renovation, a venture-backed home remodeling startup based in Walnut Creek, California, has shut down in October 2023 after failing to deliver on its promises to customers. The company, which had raised $31 million, faced widespread complaints of broken promises, severe delays, and cost overruns on bathroom renovation projects. Following these operational failures, the company informed shareholders it was closing and selling its assets. While the exact number of layoffs wasn't specified, the shutdown implies the entire workforce was let go as the business was unwound. The company operated in the proptech/renovation industry, serving as a one-stop shop for homeowners before its collapse.

In October 2023, transgender healthcare telehealth startup Plume laid off more than two dozen employees, representing approximately one-sixth of its workforce. The company, which had raised a $24 million Series B round about a year prior, confirmed the layoffs as part of a strategic shift to accelerate its fee-for-service business model, aiming to make gender-affirming care more accessible and affordable. This restructuring occurred amid a challenging funding environment for many venture-backed companies and a rising number of state-level legislative efforts to restrict trans healthcare in the U.S. Plume stated it continues to offer its services, including hormone therapy memberships and support letters, while providing severance and support to affected staff.

Waymo, the autonomous vehicle company owned by Alphabet, has conducted its third round of layoffs this year in October 2023, affecting a small, unspecified number of employees as part of an internal reorganization. The company, which operates in the robotaxi industry and had approximately 2,500 employees at the start of the year, previously cut over 200 jobs in two earlier rounds in 2023. These reductions come despite Waymo's recent expansion in San Francisco, authorized by state regulators, and occur within Alphabet's "Other Bets" division, which reported significant losses last quarter. The layoffs reflect ongoing adjustments in the competitive and capital-intensive autonomous vehicle sector.

Stack Overflow has laid off 28% of its staff, announced on Monday, as part of efforts to achieve profitability amid macroeconomic pressures. The company, which had over 500 employees last year, did not specify the exact number of laid-off employees, but more than 100 people are likely impacted. The layoffs come as the company faces traffic declines due to the popularity of generative AI and shifts in customer budgets.

Expedia Group, a major online travel company based in Seattle, laid off approximately 100 employees, primarily within its product and technology teams. This represents the second round of staff reductions at the company in recent months, as part of an ongoing workforce consolidation effort that began in 2019. The cuts reflect broader challenges in the tech sector during 2023, where many companies have adjusted staffing levels to optimize operations and align with strategic goals.

Stack Overflow, the popular coding help forum, has laid off 28 percent of its staff, affecting over 100 employees. This reduction comes just over a year after the company doubled its workforce to more than 500 people in a significant hiring push. CEO Prashanth Chandrasekar announced the cuts on October 16, 2023, citing efforts to move toward profitability, with significant reductions in go-to-market, support, and other teams. The layoffs occur amid the ongoing generative AI boom, which has introduced AI coding assistants that challenge traditional developer forums. Stack Overflow has faced issues with AI-generated answers, including a temporary ban and moderator strikes, reflecting broader industry shifts as the company navigates its position in the tech landscape.

On October 16, 2023, LinkedIn, the Microsoft-owned professional networking platform, announced it would lay off 668 employees. This follows a previous round of 716 layoffs in May 2023, bringing the total job cuts for the year to 1,384. The majority of the latest reductions, about 563 positions, are within research and development, affecting engineering, product, talent, and finance teams. The company, which reported over 950 million members and $15 billion in revenue, stated the layoffs are part of adapting its organizational structure and streamlining decision-making while continuing to invest in strategic priorities. This move aligns with a broader trend of over 242,000 layoffs in the tech sector in 2023 and reflects LinkedIn's ongoing shift, including a focus on integrating more AI-powered tools and talent into its operations.

C2FO laid off 80 employees representing approximately 3% of its workforce on 2023-10-16.

Bandcamp, an online music platform known for supporting independent artists, has recently undergone layoffs affecting a significant portion of its workforce. While the exact number of employees impacted has not been officially disclosed, reports indicate that the cuts are substantial, potentially affecting around half of the staff. This restructuring follows Bandcamp's acquisition by Songtradr, a music licensing company, from Epic Games in late 2023. The layoffs are part of Songtradr's integration efforts to streamline operations and focus on core business areas within the competitive digital music and licensing industry. As a mid-sized company in the tech and music sectors, these changes reflect broader challenges in the industry as companies adapt to evolving market demands and ownership transitions.

Kayak and OpenTable, both brands under Booking Holdings, laid off 80 employees. The layoffs were part of a broader restructuring effort within the parent company, reflecting ongoing adjustments in the online travel and restaurant reservation industry. While the exact percentage of the workforce affected and the total employee count were not specified, the move highlights the competitive and evolving nature of the travel tech sector. The announcement was made recently, as reported by Skift, indicating a strategic shift to streamline operations and focus on core business priorities amid market challenges.

Supply chain software startup Flexport is laying off about 20% of its global workforce, affecting roughly 700 employees based on a reported total of around 3,500. The job cuts, announced by CEO Ryan Petersen on October 12, 2023, are part of a restructuring effort following his return as CEO last month. Petersen cited a need to reduce overspending and overhiring from the previous leadership to steer the company back toward profitability, aiming for a turnaround by the end of next year. This move adds to recent internal turmoil, including executive overhauls and cost-cutting measures, as the tech industry faces ongoing challenges.

Uno Health, a healthcare technology company, conducted a layoff in October 2023, affecting at least 16 employees as indicated in a leaked list dated October 13. The impacted roles spanned operations, engagement, recruitment, and application coordination, primarily at entry to mid-level positions, with staff located in New York City and Salt Lake City working in remote or hybrid arrangements. While the exact percentage of the workforce and total employee count are not specified in the provided data, the layoffs reflect broader challenges in the health tech sector, where companies often adjust staffing to manage costs and streamline operations amid shifting market conditions.

MariaDB laid off 84 employees representing approximately 28% of its workforce on 2023-10-12.

Lending Club laid off 172 employees representing approximately 14% of its workforce on 2023-10-12.

Qualcomm, a major semiconductor manufacturer, is laying off approximately 1,258 employees in California, affecting its offices in San Diego and Santa Clara. These cuts, representing about 2.5% of its roughly 51,000-person workforce, are set to take effect around mid-December 2023. The company cites macroeconomic uncertainty and a challenging demand environment as reasons, framing the layoffs as part of broader restructuring efforts to focus on key growth areas. No facility closures are planned at the impacted locations.

Deepgram laid off 20 employees representing approximately 20% of its workforce on 2023-10-11.

In October 2023, fintech startup Braid, a San Francisco-based consumer payments company, announced it had shut down in September. The company, which had raised $10 million from investors like Index Ventures and Accel, aimed to popularize shared wallets for group savings and spending. Founder Amanda Peyton cited the business model's lack of viability as the primary reason, compounded by a critical loss of its sponsor bank in mid-2022 that left the company inoperable for months. While the exact number of employees laid off wasn't specified, the closure resulted in the entire team being let go as the four-year-old venture wound down operations.

Stitch Fix, an online personal styling service, is laying off 558 employees at its Dallas distribution center as part of a broader restructuring plan announced in June. The layoffs, which will occur between December 2023 and April 2024, result from the closure of this facility and another in Bethlehem, Pennsylvania, reducing the company's distribution network from five to three locations. This consolidation is expected to save $10-15 million annually. While most affected are warehouse associates, Stitch Fix may rehire some employees at its remaining centers in Atlanta, Phoenix, and Indianapolis. The company is also exiting the U.K. market, reflecting its shift toward optimizing operations and focusing on core markets.

Blue Origin laid off 40 employees on 2023-10-09.

Carbon Health laid off 114 employees representing approximately 5% of its workforce on 2023-10-09.

In October 2023, Product Hunt, a popular platform for discovering new tech products and startup projects, conducted a significant round of layoffs impacting approximately 60% of its staff. The cuts, announced by CEO Rajiv Ayyangar on October 10, affected multiple functions including design, product, and sales, as the company sought to streamline operations for greater speed and focus. While the exact number of employees laid off wasn't specified, the drastic percentage indicates a major restructuring for the small to mid-sized tech company, which retained its engineering, ads, and community teams. The layoffs reflect broader challenges in the tech industry as companies adjust to economic pressures and prioritize core functions.

In late September, Florida-based vacation rental property management company VTrips laid off approximately 75 employees, representing over 9% of its full-time workforce. Founder and CEO Steve Milo described the cuts as "seasonal layoffs" and "planned synergies," citing a strategic shift following rapid expansion through acquisitions in 2021 and 2022. The company, like others in the U.S. property management industry, faced a downturn in 2023, with average daily rates and occupied nights falling about 10% below budget. This move reflects broader challenges within the sector as companies adjust to post-pandemic market realities.

InvestCloud laid off 80 employees representing approximately 5% of its workforce on 2023-10-06.

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Juniper Networks laid off 440 employees representing approximately 4% of its workforce on 2023-10-06.

Dash, a fintech startup in Africa's digital wallets industry, laid off most of its staff in early October 2023 as the company began winding down operations. The layoffs affected over 70 employees, representing nearly the entire workforce, following months of internal uncertainty. This drastic move came after Dash raised over $80 million in venture capital but ultimately failed to sustain its business model, leading to its unraveling and leaving stakeholders bewildered by the rapid decline.

In October 2023, Brave Software, the company behind the privacy-focused Brave Browser and Search, laid off 9% of its workforce across several departments. While the exact number of affected employees was not disclosed, the cuts were attributed to cost management measures in response to a challenging economic climate. The layoffs occurred as Brave was actively working to diversify its revenue streams, including transitioning its search engine to its own indexing solution, launching a paid Search API, and developing a native AI assistant called Leo for its browser.

Shift representing approximately 100% of its workforce on 2023-10-06.

Enovix laid off 185 employees on 2023-10-05.

SeekOut laid off 16 employees representing approximately 7% of its workforce on 2023-10-05.

Edtech startup SchoolMint conducted its second round of layoffs this year last week, cutting 29 full-time employees, which represents 14.5% of its staff. This follows a similar reduction in March, and the company cited a "rapidly-changing market" as the reason. Before these cuts, SchoolMint had over 250 employees. The layoffs occurred across all departments and reflect broader uncertainty in the edtech sector, which has seen a significant slowdown in venture funding after a pandemic boom. Founded in 2013 and later acquired by private equity firm BV Investment Partners, SchoolMint provides enrollment management solutions for public and charter schools.

Meta on 2023-10-04.

Qualtrics laid off 780 employees representing approximately 14% of its workforce on 2023-10-04.