DataUS

Amplitude Layoffs

April 2023

Amplitude announced a layoff affecting 99 employees (13% of its workforce) in April 2023. The company operates in the Data sector.

People Affected

Percentage

13%

Announced Date

Apr 5, 2023

About

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.