DataStax Layoffs
April 2020
DataStax announced a layoff affecting 15 employees in April 2020. The company operates in the Data sector.
15
Apr 14, 2020
About
DataStax, an enterprise software startup valued at $967 million, laid off approximately 15 to 20 employees in the second week of April 2020. This marks the company's third round of job cuts since new CEO Chet Kapoor took over in October 2019, following layoffs in December and February, and is part of a broader trend of restructuring over the past year. The recent reductions, which primarily affected sales and solutions engineering roles, were attributed by Kapoor to the company not growing quickly enough to justify its headcount. These cuts come amid leadership changes and a shift in strategy toward appealing more to developers, following a period where DataStax had been reportedly preparing for an IPO in spring 2019.
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