Arc Layoffs
July 2022
Arc announced a layoff affecting 13 employees in July 2022. The company operates in the HR sector.
13
Jul 20, 2022
About
Arc, a tech startup in the talent and developer platform industry, has laid off 13 employees as part of a restructuring effort to ensure business resilience amid economic uncertainties. The layoffs, announced by founder Weiting Liu, affected colleagues across data, product, engineering, operations, marketing, and recruiting roles. While the total number of employees at Arc and its associated platform Codementor was not specified, the company expressed deep regret over the decision, emphasizing support for impacted team members through networking and job placement assistance. This move reflects broader challenges faced by startups in navigating an unpredictable market landscape.
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