Teleport Layoffs
July 2022
Teleport announced a layoff affecting 15 employees (6% of its workforce) in July 2022. The company operates in the Infrastructure sector.
15
6%
Jul 1, 2022
About
On July 1, 2022, Teleport, a cybersecurity infrastructure company, laid off 15 employees, representing just over 6% of its 230-person workforce. CEO Ev Kontsevoy cited the need to increase efficiency amid changing economic conditions and macroeconomic headwinds. The reductions primarily affected the Sales, Customer Support, and in-house recruiting teams as part of a strategic realignment to focus resources on core growth areas. Despite the layoffs, Teleport emphasized it remains well-capitalized, is not in a hiring freeze, and continues to innovate, offering severance and healthcare benefits to those impacted.
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