TravelUS
Lola Layoffs
March 2020
Lola announced a layoff affecting 34 employees in March 2020. The company operates in the Travel sector.
People Affected
34
Announced Date
Mar 19, 2020
About
Lola, a corporate travel management startup, laid off 34 employees, representing 29% of its workforce, as one of the early direct impacts of the coronavirus pandemic on the tech industry. The company, which has raised $82 million from notable investors like Accel and General Catalyst, now retains 82 employees. This reduction affected all departments, highlighting the severe and immediate disruption COVID-19 caused to the travel sector.
Source
View Sourcelayoffs.fyiMore Travel Layoffs
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