Totango Layoffs
March 2024
Totango announced a layoff affecting 0 employees in March 2024. The company operates in the Support sector.
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Mar 7, 2024
About
Following their merger announcement, Israeli customer management platform Totango and its American counterpart Catalyst have laid off dozens of employees due to role overlaps. The layoffs, occurring on March 7, 2024, affect staff in both Israel and the U.S. Before the merger, Totango alone employed over 100 people. The combined entity, backed by Great Hill Partners and led by co-CEOs from both companies, aims to offer a comprehensive customer lifecycle solution. The cuts are a direct result of consolidating operations after the share-swap merger, with Totango being the larger partner.
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