View Layoffs
April 2023
View announced a layoff affecting 170 employees (23% of its workforce) in April 2023. The company operates in the Other sector.
170
23%
Apr 3, 2023
About
View Inc., a SoftBank-backed smart glass manufacturer, laid off approximately 170 employees, representing about 23% of its workforce, as part of drastic cost-cutting measures. The Silicon Valley startup, which went public via SPAC in 2020, is facing severe financial distress, having lost hundreds of millions in recent years and warning it lacks funds to cover upcoming obligations. Struggling with massive losses and a stock price below $1, the company is also at risk of Nasdaq delisting. These layoffs, reported in early April 2023, aim to extend its financial runway while it seeks additional funding to survive.
Related Events
More Other Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl