Thriver Layoffs
August 2020
Thriver announced a layoff affecting 75 employees (50% of its workforce) in August 2020. The company operates in the Food sector.
75
50%
Aug 6, 2020
About
Toronto-based corporate catering startup Thriver (formerly Platterz) laid off 75 employees, representing 50% of its 150-person workforce, in the second quarter of 2020. The drastic reduction was a response to a significant revenue dip caused by the COVID-19 pandemic, which devastated the corporate catering industry as offices closed and remote work became widespread. The layoffs primarily affected non-Canadian operations in Israel and the US as the company centralized its functions and shifted to remote customer service. Concurrently, Thriver secured a $43.8 million CAD Series B funding round to pivot beyond food into broader virtual employee engagement and workplace wellness verticals, focusing new hiring on research, development, and marketing.
Source
View Sourcebetakit.comMore Food Layoffs
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