Layoffs in United States

Indigo on 2023-08-01.

inDrive, a global ride-hailing and delivery service, laid off approximately 150 employees in early 2024, representing about 3% of its total workforce. The company cited a strategic restructuring to enhance operational efficiency and focus on core markets as the primary reason. This move reflects broader adjustments within the competitive tech and mobility industry, where inDrive operates as a mid-to-large-scale international firm. The layoffs were part of efforts to streamline operations amid evolving market demands and growth challenges.

Archipelago laid off 40 employees representing approximately 30% of its workforce on 2023-08-01.

Homology on 2023-07-28.

Datree, a Y Combinator-backed startup in the Kubernetes and DevOps security industry, is shutting down after six years, resulting in the layoff of its entire team. The company, which had developed an open-source policy management solution used by hundreds of companies daily, was unable to achieve a sustainable business model despite building a strong community with over 6,000 GitHub stars. The closure was announced by founders Shimon and Eyar, who expressed gratitude to their team, customers, investors, and the broader tech community for their support throughout the journey.

Degreed, an enterprise learning and skills development platform, has conducted a small-scale layoff, affecting an unspecified number of its employees. The company's co-founder and CEO, David Blake, announced the workforce reduction, framing it as a difficult but necessary tradeoff in the ongoing "remaking" of the business. The decision is part of a broader strategic realignment to focus on client needs and accelerate product innovation, aiming to solidify its position in the competitive EdTech industry. While the exact percentage of the workforce impacted is not disclosed, the move reflects the challenging operational decisions faced by scaling tech companies as they refine their focus and strive for sustainable growth.

ContextLogic Holdings Inc., the parent company of the e-commerce platform Wish, has undergone a significant transformation into a business ownership platform. As part of this strategic shift following its acquisition of US Salt in February 2026, the company has implemented layoffs. While the exact number of employees affected is not specified in the provided materials, the restructuring is a direct result of the company's move away from its core Wish marketplace operations to focus on acquiring and managing a portfolio of long-duration businesses. This reorganization, announced in early 2026, reflects a major pivot for the former e-commerce giant within the technology and retail sector.

Israeli AI transcription unicorn Verbit is laying off 60 employees, constituting about 6% of its 1,048-person workforce. This round, announced in July 2023, includes 20 layoffs in Israel and 40 abroad. The company, valued at $2 billion, cites a streamlining process to achieve profitability and eliminate role duplication following several acquisitions. This follows a previous 10% workforce reduction in July 2022. Verbit's employee count had recently doubled due to converting many freelancers to full-time staff.

Point laid off 61 employees representing approximately 28% of its workforce on 2023-07-27.

Calendly laid off 60 employees representing approximately 10% of its workforce on 2023-07-26.

Figure laid off 90 employees representing approximately 20% of its workforce on 2023-07-26.

Ripl, a startup in the technology industry, recently underwent a restructuring that resulted in layoffs, though the exact number of employees affected was not specified in the announcement. The company's CEO, Carey DiJulio, shared the difficult decision on LinkedIn, expressing heartbreak over letting go of talented team members while emphasizing optimism for the company's new direction. A talent directory was created to help those laid off find new opportunities, highlighting the impact on individuals within the small to mid-scale startup environment. The layoffs reflect broader challenges in leading a startup through change, with the post dated around 2022 based on the timeline.

Israeli cybersecurity startup Deep Instinct laid off 46 employees, representing over 15% of its roughly 300-person workforce, in July 2023. The cuts affected 19 staff in Israel and 27 across its European and U.S. offices. The company, which had raised significant funding including a $62 million round in 2022, also shifted its hiring strategy away from Israel, focusing recruitment on Europe and the U.S. This restructuring followed a leadership change in late 2022, with co-founder Guy Caspi moving from CEO to chairman. Deep Instinct provides AI-powered threat prevention and analysis platforms.

Pluralsight, a Draper-based technology company, has conducted its third round of layoffs in seven months, affecting an unspecified number of employees this week. This follows previous cuts of 400 workers in December and additional layoffs in April, reflecting ongoing restructuring within the firm. The company has not disclosed the exact figures for this latest reduction, including the total workforce or the percentage impacted. These repeated job cuts indicate continued adjustments in the tech industry as companies navigate economic challenges.

AppHarvest, a Kentucky-based indoor farming startup that once reached a $1 billion valuation, filed for Chapter 11 bankruptcy on July 24, 2023. The company, which had aimed to revolutionize agriculture with high-tech greenhouses and create jobs in Appalachia, laid off nearly all of its workforce as part of the bankruptcy proceedings. While an exact layoff number isn't specified in this summary, the shutdown affected hundreds of employees across its multiple facilities. Founded in 2018 and backed by notable figures, AppHarvest struggled with persistent operational issues, labor challenges, and financial losses despite significant public and private funding, leading to its eventual collapse in the competitive agtech industry.

PathAI laid off 87 employees on 2023-07-21.

Software developer Phunware announced on Thursday that it will lay off approximately 33% of its workforce as part of a series of cost-cutting measures. The company, which operates in the technology and software industry, expects these actions to result in annual savings of over $5 million. Phunware's CFO stated that streamlining operations and reducing non-essential expenses are aimed at lowering operating costs, improving financial performance, and enhancing shareholder value. The announcement coincided with a decline in the company's stock, which has fallen about 52% year-to-date.

Inspirato, a luxury travel subscription service, laid off approximately 50 employees yesterday, representing about 6% of its workforce. The company, which provides affluent travelers with access to high-end vacation homes and hotels, is facing challenges specific to its business model. This move suggests that luxury subscription services may not hold the perceived value for wealthy customers that the company anticipated, highlighting difficulties within this niche segment rather than the broader luxury travel industry.

Blue Apron, a meal kit delivery company, conducted a corporate workforce reduction on July 19 as part of a restructuring plan tied to its recent transaction with FreshRealm. While the exact number of employees laid off was not specified in the disclosure, the move reflects ongoing efforts to streamline operations and adapt to market challenges within the competitive food and e-commerce industry. This follows a broader trend of adjustments for the company, which has faced financial pressures and shifting consumer demands.

Square Roots, a vertical farming startup co-founded by Kimbal Musk, Elon Musk's brother, has shut down most of its locations and laid off the majority of its workforce. The company halted production at farms in Springfield, Ohio; Shepherdsville, Kentucky; and Kenosha, Wisconsin, in July 2024, with only one farm in Grand Rapids remaining open to service business partners. While an exact layoff count is unavailable, the company had an estimated 198 employees as of June, and reports indicate all on-site staff at the closed locations were terminated, with nearly all of the over two dozen employees at Grand Rapids also let go. This restructuring reflects challenges in the tech-driven agriculture industry as the startup, which had raised over $90 million, shifts its business model amid broader economic pressures.

Microsoft has laid off over 1,000 employees in the past week, primarily within its sales and customer service teams, including the dissolution of its "Digital Sales and Success" group. These cuts exceed the 10,000 job reductions announced earlier in 2023 and are part of a strategic shift to accelerate product consumption rather than traditional customer support. The layoffs, which also affected engineering and marketing roles, coincide with the start of Microsoft's new fiscal year in July and have been implemented with limited communication from leadership, leaving many managers and employees uncertain about the rationale.

Cameo laid off 80 employees on 2023-07-18.

IBM is laying off dozens of storage software developers at its Israeli development center, which employs hundreds of workers and was originally established after the acquisition of startup XIV in 2008. The layoffs, reported in July 2023, are part of IBM's ongoing review and evolution of its product portfolio to stay innovative and meet client needs. While the exact number affected is not specified, the company stated it impacts a small percentage of its staffing in Israel, where IBM employs around 3,000 people across multiple centers. These cuts reflect broader trends in the tech industry, with other giants like Meta and Amazon also reducing their workforces in the region.

Sarcos laid off 75 employees representing approximately 25% of its workforce on 2023-07-17.

Ezoic representing approximately 28% of its workforce on 2023-07-17.

In July 2023, data loss prevention and insider risk software company Code42 conducted a round of layoffs, eliminating an unspecified number of positions across the organization. The company's CEO, Joe Payne, cited ongoing market uncertainty as the reason, stating the move was a difficult but necessary step to achieve cash flow positivity by 2024. Founded in 2001 and having raised $137.5 million in venture funding, Code42 had recently shifted its focus from its CrashPlan backup service to its Incydyr data loss prevention SaaS platform. The layoffs affected dedicated professionals across the company, which maintains healthy cash reserves and continues to operate in the competitive cybersecurity and data protection industry.

PayScale laid off 14 employees representing approximately 2% of its workforce on 2023-07-14.

Uber Freight laid off 40 employees on 2023-07-13.

Peloton, the connected fitness company, announced in February 2024 that it would lay off approximately 400 employees, representing about 15% of its global workforce. This restructuring is part of a broader cost-cutting plan aimed at streamlining operations and returning the company to sustainable growth. The move follows a period of declining demand post-pandemic and is intended to reduce annual expenses by over $200 million. As a publicly traded company in the consumer fitness technology industry, Peloton is refocusing its strategy to stabilize its financial position.

Tempo Automation laid off 62 employees on 2023-07-13.

Deepwatch, a cybersecurity company providing managed detection and response (MDR) services, laid off approximately 10% of its workforce in early 2024, affecting around 50 employees. The company, which employs about 500 people, cited a strategic restructuring to streamline operations and improve efficiency amid a challenging economic climate for the tech sector. This move reflects broader industry trends where cybersecurity firms are optimizing their resources to maintain growth and focus on core AI-driven security platform development.

SAS on 2023-07-13.

BARK Inc., the pet product company known for its BarkBox subscription service, announced a new cost reduction initiative on Thursday, which includes laying off employees. While the exact number of employees affected was not specified in the announcement, the layoffs are part of a broader effort to accelerate the company's strategic shift toward achieving sustainable profitability and positive free cash flow. This move reflects ongoing challenges within the consumer goods and e-commerce sector as companies adjust their operations in response to economic pressures.

Netlify, a web development platform company, has announced a restructuring that includes layoffs. While the exact number of employees affected was not disclosed in the CEO's announcement, the move is part of a strategic shift to simplify the organization, accelerate decision-making, and focus on enterprise customers. This follows a period of significant growth from 2020 to 2023 and recent acquisitions of Gatsby and Stackbit. The decision, announced in early 2024, is driven by the need for financial discipline in a challenging market and a refocus on core product and engineering initiatives for the enterprise. The company is providing support to departing employees, including extended stock option exercise periods.

Amazon, the global e-commerce and technology giant, laid off approximately 80 employees from its pharmacy division on Thursday. This represents a small fraction of the company's vast workforce, as Amazon has already cut about 27,000 jobs across its businesses this year. The latest reductions, affecting pharmacy technicians and team leads but largely sparing registered pharmacists, are part of ongoing adjustments to organizational needs and economic conditions. The company stated the move allows it to continue investing in customer experience for its pharmacy services, a sector it entered four years ago with the acquisition of PillPack and the launch of Amazon Pharmacy.

Circle on 2023-07-12.

Freightos, an Israeli freight booking and payment platform, is laying off approximately 50 employees, representing 13% of its workforce, which will reduce total staff to around 350. This cost-cutting measure, announced in late 2023, aims to accelerate the company's path to profitability amid persistently weak market conditions. The move is expected to improve adjusted EBITDA by about $1.4 million per quarter. Concurrently, Freightos downgraded its full-year revenue and transaction outlook for the second time in 2023, reflecting broader challenges in the logistics and supply chain digitization industry. CEO Zvi Schreiber emphasized that these efficiency measures are designed to ensure long-term, sustainable growth despite the difficult decision to reduce the team.

Stitch Fix, an online personal styling service, is laying off approximately 393 employees as it closes its Bethlehem, Pennsylvania warehouse, known internally as the Bizzy. The layoffs, part of broader cost-cutting measures amid revenue declines, will occur in waves from September 2023 through February 2024. The company decided not to renew the warehouse lease, consolidating its fulfillment operations to three other centers. This closure follows the shutdown of its Mohnton Mills sewing factory last year and is expected to save about $15 million annually. The move reflects ongoing challenges in the retail and e-commerce industry as Stitch Fix adjusts its operational footprint.

CyberGRX on 2023-07-12.

Duck Creek Technologies representing approximately 9% of its workforce on 2023-07-12.

Expedia on 2023-07-12.

Software unicorn Sisense has laid off 100 employees, constituting approximately 15% of its workforce, in July 2023. This significant reduction impacts all departments, including its Israeli headquarters. The layoffs are part of a series of challenges for the company, following executive departures, previous smaller-scale job cuts, a hiring freeze, and a recent CEO transition. Founded in 2004 and valued at over $1 billion, Sisense operates in the business analytics software industry and has undergone several strategic shifts in its business focus in recent years.

Online insurance agency EverQuote is laying off 98 employees at its Evansville, Indiana office by August 28, as part of a broader restructuring to reduce non-marketing operating expenses by over 15%. The Cambridge, Massachusetts-based company, which reported $404 million in revenue for 2022, is streamlining its operations, including exiting its health insurance vertical that represented about 10% of its revenue. CEO Jayme Mendal stated the cost-cutting measures aim to position EverQuote for growth and profitability, anticipating a return to normal consumer acquisition patterns by auto insurance carriers. The layoffs follow the company's acquisition of Evansville-based Crosspointe in 2020 and subsequent expansion in the area.

Online used-car seller Shift Technologies announced on Tuesday that it will lay off approximately 34% of its workforce as part of a restructuring effort. This significant reduction is a result of the company's strategic review, which also includes ending investment into its dealer marketplace business. Operating in the competitive automotive e-commerce industry, Shift is making these cuts to streamline operations and focus resources amid challenging market conditions. The layoffs reflect a major downsizing for the company as it seeks to stabilize its financial position and adapt its business model.

Based on the provided content, there is no information about a layoff event at Matterport. The article content is promotional marketing material describing the company's digital twin services for corporate real estate, property marketing, facilities management, and design & construction. It focuses on product offerings and value propositions, not on workforce changes, financial results, or restructuring. Therefore, a summary of a layoff cannot be generated from this text.

Built Technologies on 2023-07-11.

Butterfly Network, Inc., a medical imaging technology company, implemented a workforce reduction in July 2023 as part of a broader exit or disposal activity. The company, which develops portable ultrasound devices, disclosed the layoffs in an SEC Form 8-K filing dated July 14, 2023. While the specific number of employees affected and the total workforce size were not detailed in the initial report, the action was taken to manage costs and streamline operations. This move reflects ongoing restructuring efforts within the advanced medical equipment sector as companies adjust their strategies.

Rad Power Bikes, a Seattle-based electric bicycle company, is exiting the European market to concentrate its efforts on North American sales. This strategic shift, announced in July 2023, will result in the layoff of approximately 40 employees by the end of the year. The decision follows several previous rounds of layoffs and is part of a broader effort by the new CEO to control costs and address safety concerns, which have included high-profile lawsuits. The company, which first expanded to Europe six years ago, will cease sales in the UK and EU starting in 2024 to focus on its core market where its brand is strongest.

Latch, Inc., a company in the business support services sector, announced a significant workforce reduction on July 10, 2023. As part of a strategic initiative to enhance operational discipline and efficiency following its acquisition of Honest Day's Work, the company plans to cut approximately 59% of its U.S.- and Taiwan-based employees by November 1, 2023. This move aims to reduce operational spend, leverage a global workforce, and create a scalable foundation for future growth. The restructuring includes forming a new leadership team and establishing a centralized office in St. Louis for certain U.S.-based roles.

IntelyCare on 2023-07-10.