Bizzabo Layoffs
December 2022
Bizzabo announced a layoff affecting 100 employees (37% of its workforce) in December 2022. The company operates in the Marketing sector.
100
37%
Dec 1, 2022
About
Bizzabo, an event planning platform, is laying off 100 employees, which represents nearly 40% of its remaining workforce of 270. This marks the second major round of cuts in five months, following the dismissal of 120 staff in July, meaning the company has reduced its team by more than half since mid-2022. The layoffs, announced in December 2022, are part of a strategic organizational change aimed at achieving profitability amid ongoing financial uncertainty in the tech industry. Bizzabo, which had raised significant venture funding and expanded through acquisitions, is streamlining operations to reduce expenses.
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