Mode Analytics Layoffs
May 2020
Mode Analytics announced a layoff affecting 17 employees in May 2020. The company operates in the Data sector.
17
May 13, 2020
About
Mode Analytics, a business intelligence and data analytics platform, laid off 17 employees across multiple departments including Sales, Engineering, and Product. The layoffs, announced by CEO Derek Steer in a LinkedIn post, represent a workforce reduction affecting teams company-wide. While the exact percentage and total employee count were not disclosed in the announcement, the decision was described as difficult, with the company expressing gratitude for the contributions of the departing staff. The primary focus following the layoffs was on supporting the affected employees by compiling a list to assist them in finding new opportunities within the industry.
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