Real EstateAU

Willow Layoffs

December 2022

Willow announced a layoff affecting 99 employees (22% of its workforce) in December 2022. The company operates in the Real Estate sector.

People Affected

Percentage

22%

Announced Date

Dec 23, 2022

About

Property and infrastructure software startup Willow, backed by former Macquarie Group CEO Nicholas Moore, has laid off 22% of its full-time staff and contractors. The cuts, announced in December 2022, reflect broader valuation pressures in the technology sector. CEO Joshua Ridley has relocated to Dallas to be closer to the company's major clients, signaling a strategic shift to prioritize key customer relationships amid the challenging market conditions.