DataUS

Matterport Layoffs

April 2020

Matterport announced a layoff affecting 90 employees (34% of its workforce) in April 2020. The company operates in the Data sector.

People Affected

Percentage

34%

Announced Date

Apr 9, 2020

About

Matterport, a company specializing in 3D imaging technology, laid off approximately 90 employees earlier this month, which represents about 34% of its workforce. The cuts impacted all departments across its offices in the SF Bay Area, Chicago, and London. This significant reduction reflects broader challenges in the tech industry as companies adjust their operational strategies amid economic uncertainties.