Shippo Layoffs
November 2022
Shippo announced a layoff affecting 60 employees (20% of its workforce) in November 2022. The company operates in the Logistics sector.
60
20%
Nov 3, 2022
About
Shippo, a shipping software company for e-commerce, has laid off approximately 20% of its workforce as part of its end-of-year planning. The decision, announced in late 2022, was driven by a significant shift in the macroeconomic environment over the preceding year, including slowed e-commerce growth. While the company remains well-capitalized and views shipping as mission-critical, it made this difficult move to adapt to the new conditions, ensure it can weather a potential recession, and continue making strategic investments. The layoffs affected a portion of its team, with the company encouraging other employers to reach out to its recruiting team to connect with the departing employees.
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