Thinkific Layoffs
December 2022
Thinkific announced a layoff affecting 0 employees in December 2022. The company operates in the Education sector.
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Dec 5, 2022
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Thinkific, a Vancouver-based online course platform, conducted another small round of layoffs last week, terminating more than a dozen staff, primarily in marketing roles. This follows a larger layoff in March 2022, when the company let go of 100 employees from its peak of 500. The recent cuts are part of a broader downturn in the tech sector, as the post-pandemic market correction impacts Canadian companies. Thinkific, which went public in 2021 and saw its stock price fall sharply, continues to launch new products like "Communities" and maintains its focus on growth in the knowledge economy, despite the ongoing adjustments to its workforce.
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