Deputy Layoffs

May 2020

Deputy announced a layoff affecting 60 employees (30% of its workforce) in May 2020. The company operates in the HR sector.

People Affected

Percentage

30%

Announced Date

May 4, 2020

About

In May 2020, Deputy, a venture-backed software platform for shift workers, laid off 30% of its staff due to the COVID-19 pandemic's severe impact on its business. The company, which had been valued at $423 million, saw the hours worked by its 2 million users halve as lockdowns and restrictions disrupted industries reliant on shift work. Facing this sharp decline, the company re-prioritized its operations to navigate the crisis and prepare for eventual recovery.