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Layoffs in United States

1612 companies in United States have conducted layoffs, affecting 906,884 employees.

Total Affected

906,884

Companies Affected

1,612

Total Events

2,602

Layoff Events

Foresight Insurance

10/6/2022Finance

0

affected

The provided content appears to be a CAPTCHA block page from A.M. Best's website, not an article about Foresight Insurance. It indicates an attempt to access a specific news URL was blocked due to bot-like activity. There is no information available regarding any layoff event at Foresight Insurance, including details such as the number of employees affected, the reason, or the date. Therefore, a summary of a layoff cannot be generated from this content.

Landing

10/6/2022Real Estate

110

affected

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

Peloton

10/6/2022Fitness

500

affected

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

Built In

10/5/2022Recruiting

50

affected

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

10/5/2022Healthcare

0

affected

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

8x8

10/4/2022Support

200

affected

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

Homie

10/4/2022Real Estate

40

affected

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.

Truepill

9/30/2022Healthcare

0

affected

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

9/30/2022Food

0

affected

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

Spin

9/30/2022Transportation

78

affected

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

9/28/2022Transportation

0

affected

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

DocuSign

9/28/2022Sales

671

affected

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

9/27/2022Real Estate

40

affected

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

Instacart

9/24/2022Food

0

affected

Instacart on 2022-09-24.

Pesto

9/23/2022Other

0

affected

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

Foxtrot

9/23/2022Food

26

affected

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

9/22/2022Crypto

110

affected

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

Kitty Hawk

9/21/2022Aerospace

100

affected

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

9/20/2022Healthcare

109

affected

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

Ouster

9/20/2022Transportation

0

affected

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

Compass

9/20/2022Real Estate

271

affected

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

Zappos

9/20/2022Retail

0

affected

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

9/19/2022Healthcare

29

affected

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

VideoAmp

9/19/2022Marketing

0

affected

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.

DayTwo

9/15/2022Healthcare

0

affected

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.

Twilio

9/14/2022Other

800

affected

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.

Netflix

9/14/2022Media

30

affected

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

9/13/2022Healthcare

160

affected

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

Taboola

9/13/2022Marketing

100

affected

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

9/13/2022Media

80

affected

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

FullStory

9/13/2022Marketing

0

affected

FullStory representing approximately 12% of its workforce on 2022-09-13.

Karbon

9/12/2022Other

0

affected

Karbon, a company providing practice management software for accounting firms, has conducted a layoff affecting approximately one in four employees, as indicated in a LinkedIn post by CEO Stuart McLeod. The reduction is part of a strategic shift to support customers, product vision, and growth amid current economic uncertainty. While the exact number of employees laid off and the total workforce size were not specified, the post emphasized support for the impacted team members and mentioned creating a list of available talent for other employers. The announcement was made in 2021, reflecting challenges in the tech industry during a period of economic unrest.

Rent the Runway

9/12/2022Retail

0

affected

Rent the Runway representing approximately 24% of its workforce on 2022-09-12.

Sama

9/12/2022Data

0

affected

Based on the provided article content, there is no mention of any layoff event at Sama. The content is promotional and focuses on the company's B Corp recertification, its 2024 impact report, its services in AI data annotation, and various blog resources. Therefore, a summary describing a layoff cannot be generated from this material.

Mode Analytics

9/12/2022Data

25

affected

Mode Analytics, a business intelligence and data analytics platform, has conducted a layoff affecting an unspecified number of its employees. The exact scale of the reduction, including the total workforce, percentage impacted, and precise date, was not detailed in the available report. The layoffs occur within the competitive data analytics and SaaS industry, where companies often adjust headcount to optimize operations and focus resources. As a venture-backed startup, Mode is navigating market pressures to streamline its business and achieve sustainable growth.

CommonBond

9/9/2022Finance

0

affected

CommonBond, a fintech company specializing in student loans and solar financing, is winding down its operations after a decade, resulting in layoffs for its entire workforce. The company, which had grown to serve over 1 million users and employed hundreds, faced insurmountable challenges following the COVID-19 pandemic. The federal pause on student loan payments severely impacted its core student refinance business, leading to its exit from that sector earlier this year. While its newer solar financing division showed strong growth, CommonBond was still scaling and not yet profitable, requiring new capital that ultimately could not be secured. This inability to pivot the business quickly enough led to the decision to wind down, marking the end for the company once recognized among Fast Company's 50 Most Innovative Companies in 2018.

DreamBox Learning

9/9/2022Education

0

affected

DreamBox Learning on 2022-09-09.

Flowhub

9/9/2022Retail

0

affected

In the summer of 2022, cannabis technology startup Flowhub laid off approximately 15% of its workforce, affecting about a dozen employees, primarily in operations, sales, partnerships, and customer service. The cuts, which took place in June and early July, were driven by a slowdown in legal cannabis sales in key markets like Colorado and California, increased competition, and a challenging fundraising environment for tech startups. Flowhub, founded in 2015 and backed by investors including Jay-Z, provides inventory tracking and sales processing services for cannabis retailers. The company cited restructuring due to its new product direction and macroeconomic conditions as reasons for the layoffs, aiming to ensure long-term market leadership. This move reflects broader struggles in the cannabis industry, where multiple firms have recently reduced staff amid declining venture capital investment.

Patreon

9/9/2022Media

5

affected

In September 2022, Patreon, a membership platform for content creators, laid off its entire security team, confirming five employees were let go. The company did not disclose the total size of the security team prior to the layoffs or the specific reasons behind the decision, though it noted it works with external organizations for security capabilities. This occurred amid broader tech industry layoffs in 2022, attributed partly to over-hiring. Founded in 2013, Patreon reported having 250,000 creators on its platform. The layoffs drew attention from the security community, which responded by sharing job opportunities for the affected professionals.

Genome Medical

9/8/2022Healthcare

23

affected

Genome Medical laid off 23 employees on 2022-09-08.

Medly

9/7/2022Healthcare

0

affected

Pharmacy startup Medly is cutting nearly half its workforce, laying off around 200 employees as part of a restructuring effort. The company, which operates in the health care and technology industry, had grown rapidly but is now scaling back to streamline operations and focus on profitability. This significant reduction, announced in September 2022, reflects broader challenges in the startup sector amid shifting market conditions.

Intercom

9/7/2022Support

49

affected

Intercom laid off 49 employees representing approximately 5% of its workforce on 2022-09-07.

Uber

9/7/2022Transportation

60

affected

Uber is closing its engineering office in Vilnius, Lithuania, impacting approximately 60 software engineers. The decision, announced on September 7, 2022, is due to a lack of local senior leadership and challenges in hiring managers at the site. The closure is scheduled for June 2023, giving employees nearly a year's notice. Uber is handling the transition considerately, with no immediate layoffs, offering relocation support to other offices, and ensuring performance reviews and bonuses are completed. The Vilnius office, which focused on infrastructure and developer tooling, will see its teams and projects, such as Devpods, transitioned or discontinued.

Pendo

9/7/2022Product

45

affected

Pendo laid off 45 employees representing approximately 5% of its workforce on 2022-09-07.

Medium

9/6/2022Media

0

affected

Based on the provided content, there is no information about a layoff event at the company Medium. The text appears to be a generic sign-up or login interface snippet, likely from LinkedIn, and contains no details regarding layoffs, company size, industry, or any related news. Therefore, a summary of a layoff event cannot be generated from this material.

Brave Care

9/6/2022Healthcare

40

affected

Brave Care laid off 40 employees representing approximately 33% of its workforce on 2022-09-06.

Juniper Square

9/6/2022Real Estate

0

affected

In September 2022, proptech firm Juniper Square laid off approximately 14% of its workforce, equating to about 66 employees based on its reported total of 469 staff. The San Francisco-based company, which provides software for commercial real estate investment management, cited changing macroeconomic trends as the reason for the cuts, which primarily targeted the sales organization and other ancillary functions. Despite the layoffs, Juniper Square emphasized its strong financial position and plans to continue hiring aggressively in customer service teams. The move reflects broader challenges in the proptech sector, where rising interest rates and reduced real estate transactions have dampened demand and made capital raising more difficult.

Innovaccer

9/1/2022Healthcare

90

affected

Healthtech unicorn Innovaccer, backed by Tiger Global and valued at $3.2 billion, laid off 90 employees on September 1, representing less than 8% of its workforce. The layoffs primarily affected the tech team, including managers and leads, and were attributed by the CEO to optimizing the cost structure amid current economic conditions. This move comes just nine months after the company doubled its valuation with a $150 million funding round. Impacted employees were offered a three-month severance package. The decision surprised many staff, as leadership had recently indicated strong performance.

Apartment List

8/31/2022Real Estate

29

affected

Apartment List, a real estate technology company, made the difficult decision to lay off approximately 10% of its workforce. The announcement was made by company leadership, who expressed gratitude for the contributions of the impacted employees, referred to as "A-Listers." While the exact number of affected employees and the total company size were not specified, the layoffs were framed as a necessary organizational change. The company emphasized its confidence in its ongoing strategy and commitment to innovation within the rental industry, while also offering to connect affected talent with new opportunities.

GoodRx

8/31/2022Healthcare

140

affected

GoodRx, a U.S.-based healthcare technology company known for its prescription discount platform, conducted a layoff affecting approximately 16% of its workforce in early 2023. This reduction, impacting around 140 employees, was part of a broader restructuring effort aimed at improving operational efficiency and reducing costs amid a challenging economic environment for the tech sector. The move reflects ongoing adjustments within the digital health industry as companies seek sustainable growth paths.