Nextbite Layoffs
May 2023
Nextbite announced a layoff affecting 0 employees in May 2023. The company operates in the Food sector.
0
May 18, 2023
About
Nextbite, a virtual restaurant brand platform in the food technology industry, conducted another round of layoffs in mid-May 2023, affecting an undisclosed number of employees. Based on LinkedIn posts from over 20 former staff, including senior roles, the cuts appear significant, with some employees stating the majority of the workforce was eliminated and indicating a potential full wind-down or major restructuring of the company. This follows at least two prior layoff rounds in 2022. Despite recent expansions, such as partnerships with IHOP and Nathan's Famous, the company has not secured new funding since its Series C round in February 2021, contributing to its financial strain. Several affected employees reported being terminated without severance.
Related Events
More Food Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl