EducationUS

Niche Layoffs

March 2024

Niche announced a layoff affecting 24 employees (7% of its workforce) in March 2024. The company operates in the Education sector.

People Affected

Percentage

Announced Date

Mar 8, 2024

About

Niche, a Pittsburgh-based edtech platform that helps students find colleges and neighborhoods, has laid off 7% of its workforce, affecting about 23 employees and reducing its total staff to around 320. The company, which raised significant funding in recent years, cited a strategic realignment and resource reevaluation as reasons for the cuts. Despite the layoffs, Niche remains confident in its long-term business strategy and plans to continue hiring in the future. The affected employees will receive severance, benefits continuation, and career transition support.