Casper Layoffs
September 2021
Casper announced a layoff affecting 0 employees in September 2021. The company operates in the Retail sector.
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Sep 14, 2021
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In September 2021, mattress startup Casper conducted a round of layoffs impacting dozens of employees, including three C-level executives: the Chief Marketing Officer, Chief Technology Officer, and Chief Operating Officer. The cuts largely affected retail and operations teams, signaling a broader restructuring effort aimed at reducing operating costs and focusing on North American operations to achieve profitability. This followed a previous workforce reduction of 21% over a year earlier when Casper shut down its European operations. The layoffs were communicated to employees on September 14, 2021, with those affected offered severance packages.
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