TransportationUY

The Appraisal Lane Layoffs

August 2020

The Appraisal Lane announced a layoff affecting 0 employees in August 2020. The company operates in the Transportation sector.

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People Affected

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Announced Date

Aug 7, 2020

Company Information

Industry
Transportation
Country
UY
Region
Montevideo, Non-U.S.
Last Updated: Apr 18, 2026

About

The Appraisal Lane, an Austin-based automotive appraisal startup founded in 2013, has laid off its entire engineering team based in Uruguay. The layoffs affected at least 30 employees, which represents a significant portion of the company's engineering workforce. This move appears to be part of a restructuring effort, as the company, which has raised $1.8 million in funding, subsequently released a talent directory to help the displaced engineers find new roles. The layoffs occurred recently, as indicated by LinkedIn posts from company representatives.

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