CloudKitchens Layoffs
November 2022
CloudKitchens announced a layoff affecting 0 employees in November 2022. The company operates in the Real Estate sector.
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Nov 3, 2022
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CloudKitchens, the ghost kitchen startup founded by former Uber CEO Travis Kalanick, laid off approximately 30 employees from its recruiting team in early November 2022. This represents a small fraction of its workforce of over 5,000. The cuts were part of a broader effort to control costs and move toward profitability, as the pandemic-driven surge in online food delivery subsides and economic pressures mount. The company, valued at $15 billion after raising $850 million in 2021, is among many startups adjusting to a tougher funding environment and shifting market conditions in the food tech industry.
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