LogisticsUS

KeepTruckin Layoffs

March 2020

KeepTruckin announced a layoff affecting 349 employees (18% of its workforce) in March 2020. The company operates in the Logistics sector.

People Affected

349

Percentage

18%

Announced Date

Mar 31, 2020

About

KeepTruckin, a company providing fleet management software for the trucking industry, has laid off 349 employees, representing 18% of its workforce. The cuts, announced today, primarily affect sales and business roles. This marks the company's second round of layoffs in just one month. KeepTruckin cites an expected slowdown in new customer acquisition and churn among existing customers, as smaller trucking companies are going out of business, as the reason for the restructuring.