Zenefits Layoffs
April 2020
Zenefits announced a layoff affecting 87 employees (15% of its workforce) in April 2020. The company operates in the HR sector.
87
15%
Apr 23, 2020
About
In April 2020, HR tech startup Zenefits laid off approximately 15% of its workforce, affecting an estimated 80-100 employees out of a total of around 578. The company, which provides HR and payroll software for small and medium businesses, cited the severe economic impact of the COVID-19 pandemic as the reason for the cuts. CEO Jay Fulcher explained that the crisis forced a re-evaluation and realignment of the business plan, leading to this difficult decision. This move reflected broader job losses across Silicon Valley as the pandemic disrupted businesses globally.
More HR Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl