TravelUS
Navan Layoffs
December 2023
Navan announced a layoff affecting 145 employees (5% of its workforce) in December 2023. The company operates in the Travel sector.
People Affected
145
Percentage
5%
Announced Date
Dec 5, 2023
About
Navan, an expense management startup formerly known as TripActions, has laid off 5% of its staff, or 145 employees, as part of a restructuring effort to move faster toward profitability ahead of a delayed IPO. The company, based in Palo Alto, California, has seen strong growth in recent years and is refocusing on operational efficiencies while competing with rivals like Ramp and Brex.
Related Events
More Travel Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl