GoDaddy Layoffs
June 2020
GoDaddy announced a layoff affecting 451 employees (6% of its workforce) in June 2020. The company operates in the Marketing sector.
451
6%
Jun 24, 2020
About
GoDaddy, a major domain registrar and web services company, is laying off 814 employees, which represents approximately 10% of its workforce. This restructuring, announced in mid-2020, is primarily due to significant challenges with its outbound sales and GoDaddy Social product, as the COVID-19 pandemic severely impacted many of the small business clients who use these services. The layoffs heavily affect teams in Austin, where offices are closing, and include 331 sales employees from the social division, along with reductions in fulfillment and customer success teams. While many affected employees are being offered new roles or relocation, the company is providing substantial severance packages. The move is part of a broader business shift amid the pandemic's economic fallout.
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