Carta Layoffs

November 2023

Carta announced a layoff affecting 0 employees in November 2023. The company operates in the HR sector.

People Affected

Announced Date

Nov 9, 2023

About

Equity management unicorn Carta conducted another round of layoffs on November 8, 2023, marking at least its third workforce reduction this year following cuts in January and July. While the exact number of employees impacted remains undisclosed, the layoffs were described as part of a broader company reorganization and not performance-related. Carta, a venture-backed fintech startup in the financial technology industry, had around 1,800 employees as of this summer. The move comes amid internal and external scrutiny following media coverage of company litigation, which CEO Henry Ward recently addressed in communications to clients and staff.