Layoffs in United States

Flipboard laid off 24 employees representing approximately 21% of its workforce on 2022-10-16.

Beyond Meat laid off 200 employees, representing about 19% of its workforce, in October 2022 as part of a restructuring effort to drive sustainable growth amid financial challenges. The plant-based meat company, a leader in the industry, also significantly reduced its revenue outlook for the third quarter and full year, citing stagnant growth, missed targets, and substantial losses from new product investments. This marked the second round of layoffs that year, following a 4% reduction in August, reflecting broader struggles within the plant-based meat sector. The cuts, expected to save $39 million, affected all levels of the organization, including senior leadership positions.

Clear Capital, a real estate valuation technology company, laid off approximately 378 employees, representing 27% of its global workforce, in October 2022. The company, which had around 1,400 employees, primarily cut roles from its operational team. CEO Duane Andrews cited a restructuring to reduce expenses and adapt to a challenging housing market, driven by rising interest rates that significantly decreased customer volume in the mortgage industry. The layoffs followed a hiring freeze, with executives noting that anticipated work volume recovery did not materialize, making the cuts a last resort amid uncertain market conditions.

Take-Two Interactive is shutting down its mobile gaming studio Playdots, resulting in 65 layoffs effective January 2023. The closure is part of a strategic shift following Take-Two's acquisition of Zynga, as the company refocuses its mobile efforts on leveraging major franchises like Grand Theft Auto and NBA 2K. While the popular puzzle game Two Dots will continue to be supported by another Zynga studio, the future of other Playdots titles, such as the recently launched Garden Tails on Apple Arcade, remains uncertain. Playdots, which was acquired by Take-Two in 2020 for $192 million, will see affected employees offered opportunities to apply for roles within Zynga, with severance available for those who do not transition.

Salesforce laid off 90 employees on 2022-10-13.

ExtraHop on 2022-10-13.

In October 2022, the US-based AI and sales intelligence platform 6sense conducted a significant workforce reduction, laying off approximately 150 employees globally. This figure represented about 10 percent of its total workforce. The cuts, executed over a few days, impacted teams across content, design, video editing, product, sales, marketing, and engineering, including staff at its offices in Bengaluru and Pune, India. Employees were informed via brief Zoom calls with managers and HR, citing an uncertain macroeconomic environment and a difficult third quarter for the SaaS industry as the primary reasons. The company, backed by investors like Y Combinator and Tiger Global, framed the layoffs as a necessary cost-cutting measure amid broader market challenges.

In October 2022, health tech startup Noom conducted its second round of layoffs in a matter of months, cutting approximately 500 employees, which represented about 10% of its total staff. This reduction primarily impacted the company's coaching team, bringing the number of coaches down to around 1,000, nearly half of what it was at the start of the year. The layoffs occurred amid the departure of the company's CFO and were framed by the company as a restructuring effort to ensure long-term growth, despite Noom having achieved $400 million in revenue in 2020 and being valued at $3.7 billion the previous year. This move signaled a strategic shift away from its core emphasis on personalized coaching services.

Financial technology company MX, a Utah-based "unicorn" valued at $1.9 billion last year, has laid off approximately 200 employees. The layoffs, confirmed by a former manager in October 2022, are part of a reduction and reorganization effort by the company to "better deliver on our mission." While the exact percentage of its workforce affected is not specified, the cuts reflect a broader trend of staff reductions among tech companies, including in Utah. MX operates in the competitive fintech industry from its headquarters in Lehi.

On October 11, 2022, Udacity, an online education platform in the edtech industry, announced a layoff affecting 55 employees, representing approximately 13% of its workforce. The decision was made as part of a strategic review to address increasing market headwinds and create a more sustainable business model amid a challenging macroeconomic environment. Founder Sebastian Thrun communicated the difficult move, noting it was necessary after exhausting other options to reduce fixed and discretionary costs. Concurrently, CEO Gabe Dalporto departed, with Thrun stepping in as Executive Chairman. The company emphasized its commitment to its mission despite the restructuring, aiming for this to be the sole round of layoffs.

Intel is reportedly planning major layoffs, likely affecting thousands of jobs, but specific numbers, dates, and reasons are not detailed in the article.

In October 2022, fintech decacorn Brex, a corporate spend management startup valued at $12.3 billion, laid off 136 employees, representing 11% of its workforce, as part of a restructuring effort. This reduced its total headcount to just over 1,150. The layoffs, affecting all departments, stemmed from the company's strategic pivot earlier in the year to focus exclusively on enterprise clients and early-stage startups, abandoning its small business segment. This shift, combined with a challenging macroeconomic and fundraising environment in 2022, rendered certain roles redundant. The company's CFO also departed during this period.

In October 2022, San Francisco-based proptech unicorn Pacaso laid off 100 employees, representing 30% of its then 300-person workforce. The company, which facilitates co-ownership of luxury second homes, cited a deteriorating economic environment and fears of a pending global recession as the primary reasons. A key factor was a 28% quarterly drop in mortgage rate locks for luxury second homes, signaling reduced demand. The layoffs, described as a proactive measure to align expenses with revenue, returned the company's headcount to just over 200, its level from January 2022. No single department was disproportionately affected, and the company assured that services for existing owners and agent commissions would remain unchanged.

Nyriad representing approximately 33% of its workforce on 2022-10-10.

Meal-kit company HelloFresh is laying off 611 warehouse workers and permanently closing its facility in Richmond, California, with the layoffs effective December 11, 2022. The company, which operates in the competitive meal-kit delivery industry, cited the expiring lease and a strategic shift toward newer, more efficient sites as reasons for the closure. This move comes as HelloFresh and rivals like Blue Apron face profitability challenges amid shifting consumer habits post-pandemic, with the company's EBITDA having declined nearly 23% in the first half of 2022. The Richmond warehouse was one of two U.S. locations where employees had previously attempted to unionize in 2021, though the effort did not succeed.

SurveyMonkey laid off 180 employees representing approximately 11% of its workforce on 2022-10-10.

Redesign Health laid off 67 employees representing approximately 20% of its workforce on 2022-10-10.

Pavilion Data, a startup in the NVMe-over-Fabrics all-flash array industry, ceased operations in October 2022, resulting in the layoff of 96 out of its 100 employees—a 96% reduction. The company, which had raised $45 million and was founded in 2014, faced insurmountable challenges including failed attempts to secure additional funding or find a buyer. External factors like the COVID-19 pandemic, supply chain disruptions, inflation, and economic uncertainty compounded internal issues such as frequent CEO turnover. With cash reserves depleted, investors decided to shut down the company, marking the end of the last major startup in its sector. Operations officially ended on October 12, 2022, with minimal severance offered to employees due to the company's financial state.

BioMarin laid off 120 employees representing approximately 4% of its workforce on 2022-10-07.

Impossible Foods, a plant-based meat alternative company, laid off approximately 20% of its workforce in late 2022, affecting around 130 employees. This restructuring was part of a broader effort to streamline operations and reduce costs amid slowing growth in the alternative protein sector. The layoffs followed a period of rapid expansion and were intended to refocus the company on core product innovation and profitability. As a significant player in the food technology industry, Impossible Foods continues to scale its operations while navigating market challenges.

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Landing laid off 110 employees on 2022-10-06.

Peloton laid off 500 employees representing approximately 12% of its workforce on 2022-10-06.

Built In, a technology-focused media company, has laid off approximately 25% of its workforce, affecting dozens of employees. The cuts, announced in early October 2022, were part of a restructuring effort aimed at streamlining operations amid broader economic uncertainties impacting the tech and media industries. The company, which provides news and job listings for tech professionals, did not disclose the exact number of employees let go, but the reduction reflects a significant downsizing as it adjusts to changing market conditions.

TwinStrand representing approximately 50% of its workforce on 2022-10-05.

8x8 laid off 200 employees representing approximately 9% of its workforce on 2022-10-04.

Homie, a Utah-based flat-fee real estate brokerage startup, laid off 40 employees in early October 2022, representing about 13% of its remaining workforce. This followed a previous round of layoffs in February that cut 28% of staff. The company, which operates in several western states, is struggling with severe market turmoil, including soaring mortgage rates and early recession signs that have disrupted the housing industry. Co-founder and CEO Johnny Hanna departed his role amid these challenges, though he remains as board chairman, while fellow co-founder Mike Peregrina stepped up as CEO. Homie is among many proptech and brokerage firms facing significant cutbacks as the pandemic-driven real estate frenzy cools.

In September 2022, digital health unicorn Truepill conducted its fourth round of layoffs that year, with the company stating it impacted 20% of its full-time employees across departments including engineering, HR, design, IT, and finance. This followed a third round earlier in the year, which the company corrected to 8% of staff, not the initially reported 33%. Leadership attributed the cuts to investor requests to extend the company's financial runway amid broader economic pressures, informing affected employees their roles were no longer sustainable. The layoffs occurred as Truepill, a platform providing diagnostics, telehealth, and prescription services to other companies, faced industry challenges, including halting ADHD medication prescriptions earlier in 2022 due to growing concerns in digital health.

Pastel representing approximately 100% of its workforce on 2022-09-30.

In October 2022, micromobility company Spin, owned by Tier Mobility and employing over 700 people, laid off approximately 78 employees, representing about 10% of its workforce. The layoffs, which included several executives and primarily affected white-collar staff at its San Francisco headquarters, were driven by lower-than-expected U.S. demand post-pandemic, economic challenges like inflation, and a tightening venture capital funding environment. CEO Philip Reinckens cited a "perfect storm" of industry issues, including supply chain constraints and the war in Ukraine, forcing the company to prioritize cash preservation and profitability. Concurrently, Spin exited its remaining Canadian market in Kelowna and Seattle, where it had operated scootershare programs.

Volta representing approximately 10% of its workforce on 2022-09-28.

DocuSign, a leading provider of electronic signature and agreement technology, announced a workforce reduction in February 2024, laying off approximately 6% of its employees, which equates to around 440 people. This decision was part of a broader restructuring plan aimed at improving operational efficiency and focusing on the company's core strategic priorities. The layoffs, affecting teams across various functions, reflect ongoing adjustments within the tech industry as companies navigate economic uncertainties and seek to streamline costs. DocuSign, which operates in the software and cloud services sector, continues to serve a global customer base while adapting its organizational structure for future growth.

Divvy Homes laid off 40 employees representing approximately 12% of its workforce on 2022-09-27.

Instacart on 2022-09-24.

Pesto representing approximately 100% of its workforce on 2022-09-23.

Foxtrot, a retail company, laid off approximately 3.5% of its workforce in September 2022. While the exact number of affected employees wasn't specified, the reduction was part of broader operational adjustments. The layoffs reflect the challenging environment for retail businesses at the time, as companies streamlined their teams to manage costs and adapt to market conditions.

NYDIG laid off 110 employees representing approximately 33% of its workforce on 2022-09-22.

Kitty Hawk, a pioneering electric aviation company, laid off a significant portion of its workforce in early 2020 as part of a strategic shift. While exact figures were not publicly detailed, the move followed the winding down of its Flyer program and a refocusing of efforts. The company, backed by Google co-founder Larry Page, was part of the emerging advanced air mobility industry. This restructuring occurred as the company pivoted its resources toward other aviation projects, reflecting the challenges and strategic recalibrations common in the capital-intensive aerospace startup sector.

Curative laid off 109 employees on 2022-09-20.

Ouster representing approximately 10% of its workforce on 2022-09-20.

Compass laid off 271 employees on 2022-09-20.

Online retailer Zappos, a division of Amazon, initiated layoffs in late September 2022, affecting a portion of its Las Vegas-based workforce. The company officially stated the cuts impacted less than 4% of its staff, though internal sources suggested the figure could be as high as 20%. The move, part of a business evaluation to find operational efficiencies, occurred roughly five months after Scott Schaefer assumed the permanent CEO role. Impacted employees were offered severance and insurance benefits.

Vesalius Therapeutics laid off 29 employees representing approximately 43% of its workforce on 2022-09-19.

VideoAmp, a software and data platform in the advertising technology industry, underwent a reorganization in September 2022 that resulted in layoffs affecting approximately 2% of its workforce. This move was aimed at staying ahead of technological and market trends to drive client value. Concurrently, the company expanded the role of its Chief Technology Officer, Tony Fagan, to oversee Product, Engineering, and R&D departments, positioning VideoAmp for continued growth in revolutionizing cross-platform media measurement. The restructuring reflects the industry's shift away from legacy models toward new currencies that leverage big data for better measurement solutions.

Israeli healthtech startup DayTwo, which develops AI-driven personalized nutrition solutions for metabolic diseases like diabetes, is laying off dozens of employees in both Israel and the U.S. The company, which currently employs around 150 people, cited the deteriorating macroeconomic climate as the reason for the restructuring. Announced in September 2022, the layoffs are part of a strategic shift to focus its efforts primarily on the U.S. market. DayTwo, backed by $85 million in total funding, aims to improve health outcomes by leveraging gut microbiome analysis and virtual care.

In September 2022, cloud communications company Twilio announced a significant workforce reduction, laying off approximately 11% of its staff, which translates to between 800 and 900 employees out of a total of over 7,800. The San Francisco-based, publicly traded firm cited a strategic shift toward achieving profitability in 2023 as the primary reason, attributing the cuts to past rapid growth, a lack of focus on key priorities, and the need to operate more efficiently amid a broader economic downturn. The layoffs primarily impacted go-to-market, research and development, and administrative departments. CEO Jeff Lawson acknowledged responsibility for the decision, framing it as a necessary step to align investments with core priorities and strengthen the company's financial position.

In September 2022, Netflix laid off 30 employees from its animation division as part of an ongoing overhaul. The layoffs followed the appointment of new leadership tasked with streamlining the animation team, a move aimed at restructuring rather than reducing output. While the exact percentage of the total animation workforce affected isn't specified, the cuts reflect a strategic shift within a division that has produced multiple Oscar-nominated films. Netflix confirmed the layoffs, emphasizing its continued commitment to animation with a robust slate of upcoming releases and acquisitions.

Rubius laid off 160 employees representing approximately 75% of its workforce on 2022-09-13.

Taboola, a digital advertising platform, laid off over 100 employees, representing 6% of its workforce of more than 2,000 people. The cuts were announced by CEO Adam Singolda in September 2022 as part of a broader cost-reduction plan aiming to save $38 million, including cuts to marketing and capital expenses. This restructuring occurred despite recent growth, following the company's public listing via a SPAC merger in 2021, which valued it at $2.6 billion, though its market cap had since declined. The layoffs reflect broader economic pressures in the tech industry during that period.

Patreon laid off 80 employees representing approximately 17% of its workforce on 2022-09-13.