RetailCA

SSense Layoffs

January 2023

SSense announced a layoff affecting 138 employees (7% of its workforce) in January 2023. The company operates in the Retail sector.

People Affected

138

Percentage

Announced Date

Jan 27, 2023

About

SSENSE, a Montreal-based luxury fashion retail startup, laid off approximately 138 employees, representing about 7% of its workforce, in early 2023. The company cited the need for long-term sustainability amid broader economic pressures affecting the tech industry. This marked the first layoff in SSENSE's 20-year history, as it joined numerous other Canadian startups and global tech giants in reducing staff during a period of significant market volatility and downturn.