Vee Layoffs
July 2022
Vee announced a layoff affecting 16 employees (32% of its workforce) in July 2022. The company operates in the HR sector.
16
32%
Jul 31, 2022
About
Israeli volunteering platform startup Vee has laid off 16 employees, representing 30% of its 50-person workforce, as announced by CEO May Piamenta in a LinkedIn post on July 31, 2022. The company, which had raised $13.5 million in funding, including a $12 million Seed round just months prior, cited a need to ensure its long-term sustainability and commitment to its mission. Operating in the HR and social impact tech industry, Vee provides a platform for corporate volunteering. Piamenta took full responsibility for the difficult decision, emphasizing the unfairness to the team and urging other companies to hire the affected, talented individuals.
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