Layoffs in United States

Rad Power Bikes, a prominent U.S. direct-to-consumer e-bike brand, has conducted its fourth round of layoffs within a year as of April 2023, though the exact number of employees affected this time was not disclosed. This follows previous reductions of 100 employees in April 2022, 63 in July, and another undisclosed round in December. The company, which had positioned itself as the world's best-funded e-bike brand after raising $329 million by late 2021, cited ongoing economic challenges and market realities as reasons for the cuts. These measures aim to steer the company toward sustainability amid a downturn, despite its past rapid growth. Leadership changes also preceded this, with founder Mike Radenbaugh stepping down as CEO in November 2022 to focus on advocacy, succeeded by Phil Molyneux.

Alteryx, a big-data analytics company with around 2,900 employees, announced in late April 2023 that it would lay off approximately 11% of its workforce, affecting about 320 staff primarily in sales, marketing, and administrative roles. The decision came alongside mixed first-quarter earnings, where revenue grew but missed expectations, and a weak second-quarter outlook. The layoffs are part of a cost-reduction plan aimed at improving operating margins and accelerating profitability, despite an expected charge of $11-13 million. The company operates in the enterprise software and ETL tools industry, serving large customers with data analytics platforms.

Vroom, an online used car retailer, laid off approximately 800 employees, which represents about 90% of its workforce, as part of a significant restructuring effort. This drastic reduction, announced in early 2024, comes as the company shifts its focus away from its e-commerce operations and used vehicle transactions to concentrate on its automotive financing and services businesses. The move reflects ongoing challenges in the digital used car sales industry, where Vroom, once a notable player, has struggled with profitability and market conditions.

Greenhouse, a leading HR technology company in the talent acquisition software industry, announced a difficult layoff on February 24, 2026, affecting nearly 100 employees in the U.S., which represents about 12% of its workforce. The decision was driven by deteriorating market conditions and a more severe economic downturn than initially expected, despite the company's strong growth history, approaching $200 million in revenue and serving over 7,000 customers. To ensure business stability, Greenhouse is reducing costs, particularly in sales and marketing, while focusing on preserving core functions like customer success and product development. The company is providing support to departing colleagues, including severance and benefits assistance.

Dropbox, a cloud storage and collaboration company, announced a significant workforce reduction in April 2023, laying off approximately 500 employees, which represents about 16% of its global workforce. CEO Drew Houston cited a combination of slowing growth due to economic headwinds and the urgent need to pivot resources toward the AI era as primary reasons. The company aims to reallocate investments from less sustainable areas to skill sets focused on AI and early-stage product development, acknowledging both market pressures and internal performance challenges. This restructuring reflects Dropbox's strategic shift to compete in the rapidly evolving tech landscape while maintaining profitability.

Teampay laid off 30 employees representing approximately 33% of its workforce on 2023-04-26.

Rapid, formerly known as RapidAPI, a San Francisco-based API marketplace startup valued at $1 billion last year, has laid off approximately 115 employees, representing 50% of its workforce. The cuts, announced in late April 2023, are part of a significant restructuring under new CEO Marc Friend, who stated the company had grown too large and tried to compete on too many fronts, sacrificing agility. The layoffs affected teams across sales, talent acquisition, engineering, product, and marketing in offices spanning Europe, Tel Aviv, and San Francisco. This move aims to right-size the company, refocus its product strategy, and prioritize customer success in the competitive tech industry.

BigPanda, an Israeli AIOps unicorn, laid off approximately 40 employees, representing 13% of its workforce, in late April 2023. The company, which provides AI-driven event correlation and automation for IT operations, cited the need to streamline and restructure due to the challenging macroeconomic environment. This move aims to reduce the annual burn rate and ensure long-term financial strength, despite having raised $207 million recently and achieving a $1.2 billion valuation. The layoffs are part of a restructuring that also included new executive appointments, with the company reaffirming its commitment to its core product strategy and mission in the enterprise AIOps market.

Red Hat, a Raleigh-based software giant, announced layoffs affecting hundreds of employees on April 24, 2023. The cuts represent 4% of its global workforce, which totals around 19,000 employees, translating to approximately 760 jobs lost. This move is part of a broader trend of workforce reductions within the technology sector, as companies adjust to changing market conditions. The announcement highlights ongoing shifts in the industry, with Red Hat joining other tech firms in streamlining operations amid economic uncertainties.

Utah-based tech company Pluralsight conducted another round of layoffs this week, following a previous reduction of about 400 employees in December. The exact number of workers affected in this latest round has not been disclosed by the company. Pluralsight, a high-tech "unicorn" from Utah's "Silicon Slopes," is known for its online education platform and had previously moved some jobs to India. The layoffs are part of ongoing restructuring efforts within the tech industry.

Benchling laid off 74 employees representing approximately 9% of its workforce on 2023-04-21.

Ride-hailing company Lyft is laying off 1,072 employees, which represents about 26% of its corporate workforce, as part of a broader restructuring effort. The cuts, confirmed in an SEC filing in late April 2023, follow a previous 13% reduction in November 2022. New CEO David Risher, who began his tenure earlier that month, stated the move aims to streamline operations and refocus on better serving riders and drivers. With approximately 4,000 total employees, this significant reduction reflects ongoing pressures in the tech industry, where many companies are prioritizing efficiency amid economic challenges. Lyft's stock has struggled since its IPO, and the layoffs coincide with the company not filling an additional 250 open positions.

Lenovo on 2023-04-20.

Israeli AI-powered talent marketplace startup Gloat has laid off approximately 35 employees, representing 12% of its total workforce of around 300 people. The company, which operates in Israel, the U.S., India, and Singapore, announced the cuts in April 2023, citing challenging market and economic conditions over the past year. Gloat, which had raised $90 million in a Series D round in June 2022, stated the move was a responsible action taken out of commitment to its mission and customers. The company provides a workforce agility platform used by major global enterprises.

BuzzFeed is shutting down its BuzzFeed News division and laying off approximately 180 employees, representing 15% of its workforce, as announced by CEO Jonah Peretti in April 2023. The decision stems from the division's inability to achieve profitability, with Peretti citing overinvestment in a model dependent on social media platforms that failed to provide sufficient financial support. The digital media company will now consolidate its news efforts into HuffPost, which it acquired in 2020 and describes as profitable and less reliant on social platforms. While layoffs affect nearly all divisions, BuzzFeed.com will continue operating, and the company plans to focus on innovation involving creators and AI, though it states no jobs are being replaced by AI.

Insider, the digital media company, announced layoffs affecting 10 percent of its staff in April 2023, a move driven by challenging economic conditions and a significant decline in advertising revenue. The decision, communicated by company leadership, reflects broader struggles in the media industry as it adapts to an erratic economy. While the exact number of employees impacted wasn't specified, the cuts were part of an effort to keep the company healthy and competitive. Affected U.S.-based employees received severance packages, and the company noted that its international teams were not affected by this round of layoffs.

F5 laid off 623 employees representing approximately 9% of its workforce on 2023-04-19.

WalkMe, a digital adoption platform company, conducted its second round of layoffs in 2023, cutting 112 employees, which represents approximately 10% of its workforce. This follows an earlier layoff of 43 employees in January. CEO Dan Adika cited macroeconomic challenges and the need to build a leaner, more efficient organization to achieve profitability and long-term growth. The company, which went public on Nasdaq with a $2.5 billion valuation, is focusing its efforts on larger organizations with over 500 employees, moving away from small and medium-sized businesses. These difficult decisions aim to align the company with current economic realities and ensure sustainable success in the competitive tech industry.

Opendoor, a major iBuying company in the real estate technology industry, announced on April 18, 2023, that it is laying off 560 employees, representing 22% of its workforce of approximately 2,545. This reduction, primarily affecting operations roles, is a response to a sharp downturn in the housing market, driven by rising mortgage rates that have led to a significant decline in new listings. The company, which previously cut 550 jobs in November, is making these cuts to align operational costs with the current market reality while continuing to invest in technology for long-term growth.

TRM Labs laid off 16 employees representing approximately 9% of its workforce on 2023-04-18.

Clearcover laid off 81 employees representing approximately 15% of its workforce on 2023-04-17.

In November 2022, trade financing fintech startup Drip Capital laid off approximately 20% of its workforce, affecting over 75 employees out of a total of 400. The company, which operates in India, the U.S., and Mexico and provides digital financing solutions to small and medium businesses, described the move as part of a restructuring exercise. The layoffs, which primarily impacted tech, engineering, and sales teams, left employees surprised as they had been told just two months prior that the business was performing well. This restructuring occurred about a year after Drip Capital secured $175 million in funding in October 2021. The layoffs reflect broader trends in the startup sector, where many companies, including Drip Capital, have taken steps to reduce costs amid challenging funding conditions.

Calibrate, a weight-loss telehealth startup based in New York City, laid off approximately 100 employees, representing 18% of its workforce, as it shifts its business model amid rising competition. This marks the company's second round of job cuts in nine months, following a 24% reduction in July. The company is pivoting from offering obesity drug prescriptions directly to consumers to focusing on enterprise partnerships, where it provides benefits services to large companies. While it will maintain a direct-to-consumer presence, the move reflects strategic adjustments in the competitive telehealth and wellness industry.

The provided content appears to be a list of cryptocurrency prices and does not contain any information about layoffs at Community Gaming or any other company. There is no mention of employee reductions, company context, dates, or industry details related to a layoff event. Therefore, a summary of a layoff cannot be generated from this material.

Snyk, a developer security platform, laid off 128 employees, representing approximately 14% of its workforce, on April 13, 2023. The company, operating in the cybersecurity industry, cited persistent challenging market conditions expected to last into early 2024 as the primary reason. To adapt, Snyk is restructuring to focus more on enterprise customer success, solidify its application security leadership, and simplify its organizational layers for greater agility. The layoffs primarily affected the go-to-market and corporate functions as part of this strategic shift to prioritize a consultative approach and better serve its evolving enterprise client base.

Mediafly, a revenue enablement software company, has conducted a layoff, letting go of a number of employees. The decision, announced by CEO Carson V. Conant, was made to achieve operational efficiency and profitability following an intense period of rapid growth through acquisitions. Over the past 15 months, the company doubled in size by acquiring five companies, leading to a need for restructuring and integration. While the exact number of affected employees and the percentage were not disclosed, the layoffs are part of a strategic shift to focus on customer commitment, product innovation, and financial discipline. The company is providing support and referrals to help the departing team members find new roles.

Science 37 laid off 140 employees on 2023-04-12.

Medtronic laid off 59 employees on 2023-04-12.

In April 2023, satellite internet company Viasat laid off approximately 300 employees globally, representing about 4% of its workforce. This included 72 positions at its Carlsbad headquarters and 35 remote workers in California, with the cuts becoming permanent in early June. The layoffs, affecting various technical roles, followed a strategic review and were partly due to the divestiture of its Link 16 Tactical Data Links business to L3Harris earlier that year. Viasat is undergoing a significant pivot, focusing on global expansion and enhancing space-based bandwidth with its new ViaSat-3 satellite series, while also pursuing a major acquisition of Inmarsat to strengthen its competitive position against rivals like Starlink.

Acxiom on 2023-04-11.

Redfin laid off 201 employees representing approximately 4% of its workforce on 2023-04-11.

Reforge, a company in the professional education and tech industry, has undergone a strategic shift leading to layoffs across multiple departments including engineering, product, marketing, recruiting, operations, accounting, and content development. The decision, announced by CEO Brian Balfour, was made to realign the company's focus toward delivering enhanced knowledge and support from industry leaders to its members. While the exact number of employees affected and the percentage of the workforce were not disclosed, the layoffs occurred as part of this broader restructuring. Balfour emphasized that the current cohort of programs would remain unaffected and committed to providing references and assistance to the departing team members.

Nori laid off 10 employees representing approximately 37% of its workforce on 2023-04-10.

Flock Freight laid off 45 employees representing approximately 8% of its workforce on 2023-04-10.

Pear Therapeutics, a pioneering digital therapeutics company, has filed for Chapter 11 bankruptcy and is terminating 170 employees, representing about 92% of its workforce. The Boston-based firm, which went public in 2021, will continue operating with a skeleton crew of 15 employees as it seeks a buyer for its assets. This drastic move follows the company's struggle to build a sustainable business model for its software-based treatments, having previously conducted layoffs and paused pipeline development in 2022 after failing to secure necessary funding.

Workit Health laid off 100 employees on 2023-04-07.

Amplitude, a product analytics software company, announced on April 5, 2023, that it is laying off 13% of its global workforce, affecting 99 employees. The layoffs primarily impact the go-to-market organization, with additional cuts in product development, finance, and HR. The decision, attributed to macroeconomic challenges and a need to achieve profitability, was communicated by the co-founders. Affected U.S. employees' last day was April 5, while those in EMEA and APJ regions depart on April 6. The company is offering severance, extended healthcare, career support, and other benefits to assist with the transition.

On April 4, 2023, Boost, a fintech/insurtech startup, announced a difficult layoff affecting 15 employees, representing about 20% of its team. CEO Alex Maffeo cited a dramatic shift in the macroeconomic landscape and technology market, which has particularly impacted the fintech sector, forcing the company to adapt its growth and budgeting approach for long-term success. Despite the company's history of strong execution and hyper-growth over the previous two years, the extreme market conditions necessitated this reduction. Boost is providing severance, extended benefits, and career support to the departing employees.

Foundation Medicine laid off 135 employees on 2023-04-04.

On April 3, 2023, San Francisco-based fintech startup Guideline, a provider of 401(k) plans for small and medium-sized businesses, laid off 48 employees, which constitutes 11.5% of its workforce. The company, which had experienced rapid growth and raised significant funding, did not officially announce the layoffs or provide a reason, leading to speculation about financial challenges or a strategic shift. Despite its previous expansion and employee-friendly reputation, this move indicates potential operational streamlining or difficulties in the competitive startup landscape.

View Inc., a SoftBank-backed smart glass manufacturer, laid off approximately 170 employees, representing about 23% of its workforce, as part of drastic cost-cutting measures. The Silicon Valley startup, which went public via SPAC in 2020, is facing severe financial distress, having lost hundreds of millions in recent years and warning it lacks funds to cover upcoming obligations. Struggling with massive losses and a stock price below $1, the company is also at risk of Nasdaq delisting. These layoffs, reported in early April 2023, aim to extend its financial runway while it seeks additional funding to survive.

Hyland Software laid off 1,000 employees representing approximately 20% of its workforce on 2023-04-03.

Apple on 2023-04-03.

Textio laid off 15 employees representing approximately 12% of its workforce on 2023-04-03.

Roku laid off 200 employees representing approximately 6% of its workforce on 2023-03-30.

Loop laid off 19 employees representing approximately 25% of its workforce on 2023-03-30.

Crossbeam, a venture-backed SaaS company specializing in data-driven partnerships, laid off 17 employees this week, representing about 15% of its staff and reducing its total headcount to approximately 100. Founded in 2019 and headquartered in Center City, the company cited a challenging 2023 market as the reason, noting that the investment climate has shifted significantly since its $76 million Series C raise in 2021. Despite growing revenue over 100% in the past year, Crossbeam restructured to align with current economic realities, primarily affecting engineering and marketing teams. The company continues to hire in areas like product design and account management, maintaining its focus on its core mission in the tech industry.

Kyndryl on 2023-03-30.

LendingTree, a leading online lending marketplace in the financial technology industry, has not announced any recent layoff events. The provided content indicates a geographic access restriction to their website, not corporate restructuring news. For accurate and current information regarding LendingTree's workforce, please refer to official company communications or verified news sources from within the United States.

AnswerLab, a user experience (UX) research firm, has conducted its first layoff in its 18-year history, eliminating 17% of its positions due to economic pressures from clients. The restructuring, announced by CEO Amy Buckner Chowdhry, resulted in a number of employees being let go, though the exact number of affected individuals was not specified. The company, which operates in the technology and professional services industry, emphasized its continued commitment to its mission and clients, noting plans to develop new enterprise research products this year. The layoffs reflect broader challenges in the sector, as echoed by similar restructuring at other firms like IVP Research Labs.