Checkr Layoffs

July 2020

Checkr announced a layoff affecting 64 employees (12% of its workforce) in July 2020. The company operates in the HR sector.

People Affected

Percentage

12%

Announced Date

Jul 23, 2020

About

Checkr, a San Francisco and Denver-based background check startup serving clients like Uber and Lyft, laid off 64 employees last Thursday, representing 12% of its workforce. The cuts affected multiple departments and were driven by a hiring slowdown among its clients during the pandemic. Impacted employees will receive 2 to 4 months of severance pay, one year of health insurance, and the removal of the one-year vesting cliff for stock options. Checkr, which was valued at $2.2 billion in late 2019, is part of the broader tech industry facing economic pressures.