Chief Layoffs

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Chief, a networking organization for executive women valued at $1.1 billion, has conducted layoffs primarily affecting technology and administrative roles as part of a restructuring effort announced in October 2024. The move aims to provide the company with "more agility" and balance growth with profitability, according to a spokesperson. While the exact number of employees impacted was not disclosed, this follows a previous round in April 2023 when Chief laid off 14% of its staff amid a challenging economic climate. The company, which describes itself as the nation's largest network for senior executive women, recently refocused on its U.S. operations after closing its London office, and is now concentrating on enhancing member experiences like executive coaching and education programs.

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