Skillz Layoffs
April 2020
Skillz announced a layoff affecting 21 employees in April 2020. The company operates in the Consumer sector.
21
Apr 14, 2020
About
In April 2020, amid the economic turmoil of the coronavirus pandemic, mobile gaming marketplace Skillz laid off 21 employees, including senior analyst Alexander Muhr. The San Francisco-based startup, which had been optimistic about its future and a potential IPO, was among the many tech companies forced to cut costs as the crisis hit. While the exact percentage of staff affected is not specified, the layoffs reflect the broader squeeze felt by startups fearing funding shortages and revenue declines. Despite the upheaval, many laid-off tech workers, including those from Skillz, reported continued recruiter interest, offering a glimmer of hope in an otherwise challenging job market marked by widespread unemployment filings and hiring freezes across the industry.
Source
View Sourcefortune.comRelated Events
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