BetterUp Layoffs

August 2023

BetterUp announced a layoff affecting 100 employees (16% of its workforce) in August 2023. The company operates in the HR sector.

People Affected

100

Percentage

16%

Announced Date

Aug 2, 2023

About

BetterUp, a career coaching startup valued at nearly $5 billion, is laying off 16% of its workforce, affecting over 100 employees. The company, which employs Prince Harry as its chief impact officer, announced the cuts in August 2023 amid internal challenges, including missed financial targets and efforts to reduce overhead. This restructuring follows a period of tumult within the organization.