Skillz Layoffs
May 2022
Skillz announced a layoff affecting 70 employees (10% of its workforce) in May 2022. The company operates in the Consumer sector.
70
10%
May 20, 2022
About
Skillz, a mobile gaming platform, conducted layoffs in May 2022 as part of a broader wave of tech workforce reductions. The company laid off approximately 10% of its employees, which amounted to around 70 people from its total workforce of roughly 700. This move was attributed to challenging market conditions and a strategic shift to focus on profitability amid slowing growth. The layoffs reflect the wider industry trend at the time, where many tech companies, both public and private, were adjusting their strategies due to economic pressures. Skillz, operating in the competitive gaming industry, aimed to streamline operations to navigate the uncertain market environment.
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