Submittable Layoffs
April 2020
Submittable announced a layoff affecting 30 employees (20% of its workforce) in April 2020. The company operates in the Other sector.
30
20%
Apr 25, 2020
About
In late April, Submittable, a Missoula-based company providing online application management software primarily for universities and other organizations, laid off 30 employees, representing 20% of its workforce. The layoffs affected all departments and were driven by the significant impact of COVID-19, as many of its 2,000 university clients halted operations. The CEO stated that acting sooner allowed the company to provide better severance, with affected employees receiving one to two months of pay. This move reflects the broader challenges faced by tech startups serving the education sector during the pandemic.
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