Mr. Yum Layoffs
August 2022
Mr. Yum announced a layoff affecting 0 employees (17% of its workforce) in August 2022. The company operates in the Food sector.
0
17%
Aug 22, 2022
About
Mr. Yum, an Australian hospitality tech company, announced a workforce reduction of approximately 17% of its team. This difficult decision was made to align the company's structure and strategy with a more focused approach to support customers and product vision as capital markets recover. The layoffs were communicated with empathy, and the company plans to share an opted-in list of the impacted talented individuals to aid their job search. The move reflects broader challenges in the funding environment for tech startups.
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