ChowNow Layoffs
March 2024
ChowNow announced a layoff affecting 60 employees (20% of its workforce) in March 2024. The company operates in the Food sector.
60
20%
Mar 28, 2024
About
In March 2024, ChowNow, an online ordering platform for local restaurants, laid off approximately 30 employees as part of a restructuring following its acquisition of the Y Combinator-backed POS platform Cuboh. This reduced its total workforce to about 300 employees, representing a roughly 10% reduction. The layoffs were intended to streamline operations and integrate Cuboh's 30-person team, which transitioned entirely to ChowNow. This move came after a larger layoff of 100 employees in 2022. The company, which is profitable and has raised around $80 million, stated no further layoffs were planned, aiming to strengthen its POS integration solutions for restaurants.
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