Glitch Layoffs
May 2020
Glitch announced a layoff affecting 18 employees (36% of its workforce) in May 2020. The company operates in the Product sector.
18
36%
May 21, 2020
About
Glitch, a coding platform and tech startup, laid off a substantial number of employees on May 22, 2020, to cut operating costs and ensure long-term viability. According to sources, at least 18 people were let go from a workforce of about 50, representing around a third of its staff. CEO Anil Dash cited the challenges of being a small company in a fiercely competitive space during a tough economy. The layoffs followed the recent launch of a subscription service, which had a slow start, as the company sought to stabilize its finances amid the pandemic's market conditions.
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