Layoffs in United States

Enjoy Technology, a Palo Alto-based mobile retail startup founded by former Apple executive Ron Johnson, has filed for Chapter 11 bankruptcy and is laying off over 400 employees in the U.K., representing about 18% of its workforce. The company, which went public via a SPAC merger less than a year ago, cited a rapidly declining cash position that left it unable to cover operating expenses like payroll. Enjoy, which had raised significant venture funding, is selling itself to Asurion LLC and plans to continue operating during bankruptcy proceedings. This situation reflects broader challenges among companies that went public through SPACs, with many facing delisting risks due to low stock prices.

Abra laid off 12 employees representing approximately 5% of its workforce on 2022-06-30.

Unity laid off 200 employees representing approximately 4% of its workforce on 2022-06-29.

Parallel Wireless laid off 60 employees on 2022-06-29.

Qumulo laid off 80 employees representing approximately 19% of its workforce on 2022-06-29.

Baton laid off 16 employees representing approximately 25% of its workforce on 2022-06-29.

In June 2022, online interior design startup Modsy ceased its core design services, resulting in layoffs, particularly among its design team, and disrupting customer orders. While the exact number of employees affected wasn't disclosed, the cuts followed a failed acquisition deal. The company, which had operated for seven years, pivoted its focus to developing a SaaS platform called Modsy Pro, a software service aimed at professional interior designers. This shift marked a significant strategic change from its original consumer-facing model of AI-powered virtual room design and furniture sales.

Substack laid off 13 employees representing approximately 14% of its workforce on 2022-06-29.

HomeLight, a real estate technology company, announced a workforce reduction to ensure its long-term financial sustainability and ability to operate independently. The layoffs, which occurred today, are part of a broader effort to scale the business responsibly. While the exact number of employees affected and the total company size were not disclosed in the post, the company emphasized providing severance, healthcare, and job support to those impacted. HomeLight expressed gratitude for the departing team members' contributions to its mission of simplifying real estate.

Degreed, an enterprise learning platform company, announced a difficult workforce reduction. While the exact number of employees laid off was not specified in the CEO's statement, the decision was made to refocus the organization on future opportunities, necessitating a change in how work is done. The layoffs occurred on the date of the post, approximately three years ago. The company, operating in the EdTech industry, expressed deep respect for the impacted colleagues and committed to supporting their transition, with the CEO emphasizing a strong belief in Degreed's future despite the challenging restructuring.

Property manager AvantStay, a short-term rental company in the travel industry with around 600 employees, confirmed a net reduction of 19 staff over the past month. This resulted from 43 job cuts, which the company described as part of a "gradual reorganization" rather than traditional layoffs, offset by some hiring during the period. The announcement was made on a Friday, indicating the changes occurred within the prior 30 days.

Niantic laid off 85 employees representing approximately 8% of its workforce on 2022-06-29.

In November 2022, StockX conducted its second round of layoffs within four months, affecting under 80 employees, which represents about five percent of its workforce. The Detroit-based sneaker and streetwear resale marketplace cited the challenges of scaling its business amid a struggling global economy as the reason for the cuts. All impacted employees held corporate roles and received severance packages along with extended benefits. Despite this restructuring, StockX noted it would continue hiring in certain areas, such as brand reputation and customer support, entering its peak season. This followed a larger layoff in June 2022, when eight percent of employees were let go.

Tesla laid off nearly 200 employees from its Autopilot team, who were involved in training the company's AI, as part of a restructuring effort.

Cue laid off 170 employees on 2022-06-27.

AppLovin laid off 300 employees representing approximately 12% of its workforce on 2022-06-27.

SafeGraph, a geospatial data company, has laid off approximately 25% of its workforce as part of a broader effort to reduce cash burn and extend its financial runway. The decision, made in the context of a challenging economic environment for tech companies, was described as incredibly difficult by leadership, who emphasized the talent and dedication of the affected employees. The layoffs reflect a strategic shift to conserve capital, as the company aims to position itself to act on future growth opportunities when market conditions improve. This move highlights the broader deflationary pressures within the tech industry, where companies are prioritizing financial sustainability.

UiPath, a leading provider of automation software, is laying off approximately 5% of its workforce, affecting about 210 employees out of a total of 4,200 as of April 30, 2022. The company's board approved the restructuring on June 24, 2023, with most cuts expected by the end of July, aiming to increase profits and streamline its go-to-market organization. This move, estimated to cost $15 million in severance, reflects a strategic shift toward sustained, profitable growth under new senior management, despite recent positive earnings. The layoffs are not attributed to market conditions but to internal prioritization for higher sales productivity and better market segmentation.

In June 2022, fintech unicorn Amount laid off 18% of its workforce, affecting approximately 72 employees based on its reported total of 400 staff. The company, valued at over $1 billion in 2021 and spun out from online lender Avant, cited the challenging macroeconomic environment as the reason for these proactive adjustments to ensure long-term health. Operating in the enterprise software sector for banking, Amount helps financial institutions digitize their infrastructure rapidly. Despite significant funding and partnerships with major banks, the firm took this step to navigate economic uncertainties and sustain future growth.

Postscript, a marketing automation platform for e-commerce brands, laid off approximately 20 employees in January 2024, representing about 10% of its workforce at the time. The company, operating in the competitive SaaS and e-commerce technology industry, cited a strategic restructuring to improve operational efficiency and focus on long-term profitability. This move was part of a broader trend of workforce adjustments in the tech sector as companies navigated economic uncertainties.

Bestow laid off 41 employees representing approximately 14% of its workforce on 2022-06-24.

Sunday laid off 90 employees representing approximately 23% of its workforce on 2022-06-24.

Give Legacy on 2022-06-24.

Ethos Life laid off 40 employees representing approximately 12% of its workforce on 2022-06-24.

In June 2022, text message marketing startup Voyage SMS laid off eight employees, representing over 10% of its roughly 60-person workforce. The cuts included the chief operating officer and affected the full-time sales department and some contractors. CEO Rev Reddy cited the challenging macroeconomic climate and a shift in strategy toward growth efficiency as key reasons. The Santa Monica-based company, which had recently raised $10 million and acquired a rival, faced indirect pressure as consumer discretionary spending on ecommerce declined amid rising inflation, impacting its business integrated with platforms like Shopify.

Israeli-US startup Pipl, a fake profile detection platform, laid off 22 employees on June 23, 2022, affecting operations, sales, maintenance, and customer service roles. This represents about 13% of its workforce of 160-170 employees. The layoffs are part of a strategic shift toward full automation of its product, which helps social networks like Twitter identify fake profiles. Concurrently, Pipl is hiring 50 new employees in development, product, data, and automation fields to support this transition. The company, founded in 2005 and profitable with $19 million in funding, expects sales to remain stable or even increase following the launch of its automated ranking product.

Orchard, a real estate technology company, laid off 10% of its workforce due to mounting economic uncertainty and a challenging market climate. The decision, announced in a LinkedIn post, was described as one of the hardest the business has made, aimed at ensuring the company has sufficient runway to continue its mission. While the exact number of employees affected wasn't specified beyond the 10% figure, the company expressed deep gratitude for their contributions and committed to supporting them, including by sharing a list of impacted employees open to new opportunities.

Esper representing approximately 12% of its workforce on 2022-06-23.

Netflix is laying off approximately 300 employees, representing about 3% of its workforce, as confirmed in June 2022. This follows an earlier round of 150 layoffs a month prior, both driven by the company's first subscriber loss in a decade and a strategic shift to align costs with slower revenue growth. The streaming giant, part of the technology and entertainment industry, had warned investors it would moderate spending growth while still investing heavily in content. These cuts reflect broader adjustments as Netflix explores ad-supported tiers and addresses password sharing to reignite subscriber growth amid challenging market conditions.

In June 2022, healthcare unicorn Ro laid off 18% of its workforce to manage expenses and align resources with its strategy, despite having raised $150 million at a $7 billion valuation months earlier. The cuts, which notably affected much of the recruiting team, were announced abruptly via Zoom, with impacted employees receiving two months of severance and healthcare benefits. This move followed executive departures and internal tensions, as the company struggled to generate significant revenue from newer products beyond its established ED line. Ro had been preparing for a potential downturn by narrowing its focus and securing additional capital solely from existing investors.

Aura laid off 70 employees representing approximately 9% of its workforce on 2022-06-23.

Mark43, a New York-based public safety software startup valued over $1 billion, laid off approximately 100 employees in late June 2022. The cuts affected various roles, including sales, community operations, and program management, as the company restructured. Mark43, which provides cloud-based records and dispatch systems to police departments globally, had raised $101 million in a funding round the previous year. The layoffs, while unexpected for staff, were part of broader adjustments within the tech industry, impacting a significant portion of its workforce at the time.

Balto laid off 30 employees on 2022-06-22.

IronNet, a cybersecurity company founded by former NSA director Keith Alexander, is laying off approximately 90 employees, which represents 35 percent of its workforce of 250. This significant reduction follows a previous 17 percent layoff in June and comes as the company raises a "going concern" warning, stating it may not have sufficient cash to support operations for the next year. The layoffs, announced in late 2022, are part of a restructuring effort to cut costs amid mounting net losses, which reached $28.4 million in the second quarter. The firm, which went public in 2021 with a $1.2 billion valuation, is also replacing its CFO and eliminating one of its co-CEO positions as it faces severe financial challenges and a plummeting stock price.

Sprinklr, a publicly traded customer experience software company in the martech industry, laid off at least 50 employees from its global marketing department in late June. This restructuring, which occurred under the leadership of its new CMO, Arun Pattabhiraman, is part of a broader effort to drive more efficient and profitable growth. The cuts, representing a small fraction of its workforce of over 4,000, reflect ongoing challenges in the tech sector, where companies are adjusting to economic pressures like slowing growth and rising costs. Despite recently reporting a 31% year-over-year revenue increase, Sprinklr joins numerous other tech firms in streamlining operations to navigate the current market environment.

On June 22, 2022, the online education platform MasterClass laid off approximately 120 employees, representing 20% of its then 600-person workforce. CEO David Rogier cited the need to adapt to a worsening macroeconomic environment and accelerate the company's path to financial self-sustainability. The layoffs affected staff across all teams, though no C-suite executives were included. The startup, which gained popularity during the pandemic for its celebrity-taught video classes, offered a severance package including 11 weeks of base pay, extended healthcare, and career support.

In June 2022, amid widespread startup layoffs and an industry-wide struggle for profitability, the micromobility company Superpedestrian reduced its global workforce by 7%, laying off 35 employees. This move was part of a company-wide effort to cut costs and accelerate its path to profitability, reflecting the challenging environment for growth capital at the time. Superpedestrian, which operates shared scooter fleets, emphasized its continued commitment to serving its cities despite the staff reduction.

Community, a creator economy startup that enables influencers and brands to text their fans directly, laid off approximately 40 employees earlier this month amid a broader economic downturn. The company, which has raised $90 million in venture funding and serves notable clients like Paul McCartney and Addison Rae, made these cuts as part of industry-wide challenges affecting tech and media firms. While the exact percentage of its workforce impacted isn't specified, the layoffs reflect tightening conditions in the startup sector, following similar moves by companies like Cameo and Jellysmack. Community differentiates itself by offering SMS-based marketing tools that bypass social media algorithms, but it now faces headwinds like many others in the creator economy space.

In June 2022, code intelligence platform Sourcegraph conducted a downsizing, laying off 8% of its team. The layoffs were executed with transparency and care, described as the complete opposite approach to secretive layoffs seen at other tech firms like Tesla. While the exact number of employees affected wasn't specified, the move was part of a broader trend of adjustments within the tech industry during a period of market uncertainty. The company, a high-growth startup in the developer tools sector, handled the process in a way that industry observers suggested could serve as a model for other companies.

SummerBio laid off 101 employees representing approximately 100% of its workforce on 2022-06-20.

Sports media startup Buzzer laid off approximately 20% of its staff in June 2022, affecting seven full-time employees along with six contractors and part-timers. The company, which had recently grown to about 65 employees, cited the need to be disciplined with resources amid wider economic uncertainty and to focus on key partnerships and product development. Founded in 2021 and backed by notable investors and athletes, Buzzer offers notifications and micro-transactions for live sports moments. Concurrently, the company was raising at least $20 million in new capital, indicating a strategic shift to streamline operations and prioritize its core sports media platform.

Finite State laid off 16 employees representing approximately 20% of its workforce on 2022-06-17.

Socure laid off 69 employees representing approximately 13% of its workforce on 2022-06-17.

Tesla layoffs reportedly affect hourly workers, too, as reported in the article.

In June 2022, online rental platform Zumper laid off approximately 45 employees, representing 15% of its roughly 300-person workforce. The San Francisco-based startup, operating in the proptech industry, made the cuts primarily in sales, customer service, and art departments, citing budget constraints amid broader economic challenges. The layoffs occurred as rising interest rates and inflation dampened venture capital investment, affecting numerous tech and real estate firms. Despite being a privately held company in the resilient residential rental segment, Zumper joined the wave of tech layoffs as market conditions forced a strategic pullback in spending.

In June 2022, on-demand grocery delivery startup JOKR announced its exit from the U.S. market, ceasing operations in New York and Boston to concentrate on Latin America. This strategic shift resulted in layoffs affecting approximately 50 employees from its 950-person office staff, representing about 5% of its workforce. The company stated that the U.S. market had only contributed around 5% of its business, deeming it a differently structured opportunity compared to the vast potential in Latin America's $1.2 trillion retail market. JOKR, which had achieved unicorn status with a $1.2 billion valuation, decided to reallocate investments to expand its footprint and service offerings in Latin America, where online grocery penetration was still below 10%. The closure involved nine micro-fulfillment centers in the U.S. out of its global network of roughly 200.

Circulo Health representing approximately 50% of its workforce on 2022-06-16.

Weee!, the SoftBank-backed online grocer specializing in Asian and Hispanic foods, laid off approximately 150 employees in late June 2022, representing about 10% of its workforce. The cuts primarily targeted corporate roles, including nearly the entire marketing team, and coincided with the departure of several top executives, including the CFO. CEO Larry Liu framed the move as a strategic reorganization to extend the company's financial runway by an additional year as it prepares for a potential IPO, rather than a direct reaction to economic pressures. Despite recently raising $425 million at a $4.1 billion valuation and doubling its revenue to $400 million the previous year, Weee! is navigating a broader slowdown in e-commerce and a tightening funding environment, mirroring retrenchments seen across the grocery delivery industry.

Notarize laid off 110 employees representing approximately 25% of its workforce on 2022-06-15.

Tonkean, an enterprise software startup, laid off 23 employees on June 15, 2022, representing approximately 23% of its workforce. Prior to the cuts, the company employed a total of 100 people, with 49 based in Israel and the remainder in the United States. The layoffs affected 11 employees in Israel and 12 in the U.S. This workforce reduction reflects broader challenges and restructuring efforts within the tech startup sector.