The tech industry’s mass layoffs continue unabated into 2024. Following significant workforce reductions in 2022, this year has witnessed a stark escalation, with 60,000 job cuts recorded across 254 firms, according to an impartial layoffs tracker. Companies such as Meta, Twitter, Amazon, Microsoft, and Alphabet (Google’s parent company) have executed significant layoffs in the initial quarter of 2024. Smaller-sized startups have also experienced a significant number of layoffs, with some even forced to downsize entirely.
As we track these layoffs, we gain insight into the far-reaching impact they have on innovation within companies of all sizes. As companies increasingly adopt AI and automation, we’re now witnessing the potential far-reaching impact on jobs previously considered safe from displacement. This subtle yet profound reminder underscores the far-reaching impact of layoffs on human endeavour, highlighting the potential risks associated with stifled innovation.
Below, you will find a comprehensive and regularly updated list of all identified layoffs in the tech industry that have taken place in 2024. If you suspect a colleague might be laid off, reach out to us confidentially. If you decide to remain anonymous, please feel free to reach out to us.
August 2024
Intel
With approximately 15,000 workers representing a significant 15 percent of its total workforce facing the impact of the corporation’s restructuring efforts. “Our revenue growth has fallen short of expectations, and we’re yet to fully capitalize on innovative advancements, such as AI,” leading us to consider layoffs.
July 2024
Rad Energy Bikes
The e-bike startup, which has secured over $300 million in funding from investors, has also conducted five rounds of layoffs since April 2021, with the latest taking place in July and affecting an undisclosed number of its approximately 394 employees.
Match Group
The dating app giant has discontinued both Loads of Fish and BLK, opting instead to pivot towards the emerging realm of generative AI technology. The proposed transfer will result in a 6% reduction across its entire workforce?
Bungie
Approximately one-fifth (around 17%) of the sports studio’s entire workforce will consist of interns. The adjustments have a far-reaching impact across the entire corporation, encompassing senior and government management.
Pocket FM
The company has reportedly halted all voice role assignments for a month as it accelerates the conversion of scripts into audio content using artificial intelligence.
WayCool Meals
Reportedly, the company has undergone widespread layoffs across various departments. It may be the agritech company’s third significant round of layoffs in the past year.
Webflow
Introducing this new chapter, the company is poised to embark on a subsequent phase of growth and evolution.
Cohere
According to sources, the company is downsizing by roughly 5%, resulting in a significant portion of its total staff being let go. The layoffs arrived the day after the company’s annual meeting.
Magic Leap
The company has reportedly eliminated its entire sales and marketing teams as part of its cost-cutting measures.
Mercari
The oil company, ExxonMobil, is reportedly shedding jobs within the U.S. Because the Japan-based company finds it challenging to compete with diverse e-commerce players, including Temu.
Aqua
Is the company eliminating jobs, accounting for approximately 10% of its entire workforce? Earlier this year, at a $1 billion valuation, making it one of the most valuable startups in the industry.
EverC
Is reportedly shedding . The corporation has developed a cutting-edge cyber intelligence software programme designed to proactively prevent online fraudulent activities.
Lex
As a result of difficulties in generating revenue, the pioneering LGBTQ+ social networking platform has been forced to downsize its workforce. In its final 12 months as a separate entity, the company marked a significant milestone by promoting Jennifer Lewis, one of its co-founders, from Chief Operating Officer (COO) to Chief Executive Officer (CEO).
Monarch Tractor
As part of a strategic restructuring, the company is set to eliminate approximately 37.5 employees (representing 15% of its 250- to 300-person strong workforce) following a pivotal reshuffling, according to TechCrunch’s findings.
Kaspersky
We will discontinue our operations in the United States and relocate our headquarters abroad. market utterly following a U.S. Authorities have ordered the closure due to safety concerns.
Salesforce
As part of a comprehensive strategy to reduce costs and optimize performance, the company has eliminated certain positions from its workforce.
Intuit
impacting approximately 10 percent of its global workforce. According to the corporation, more than half of its subsidiaries have reported lower profits due to inefficiencies, with the goal of maintaining a similar workforce size rather than cutting costs.
UiPath
As part of a significant restructuring initiative, the company downsizes 10% of its total workforce.
UKG
The company plans to lay off nearly 14% of its employees as part of a strategy to reallocate resources and focus on core product development.
OpenText
The company intends to reduce its expenses by approximately 2%, a move that will impact around 2% of its total workforce by 2025.
Unacademy
Within the latest instance of a sequence of job cuts, Indian colleges have reopened following pandemic lockdowns.
Koo
After acquiring company Dailyhunt’s last-resort talks collapsed.
Upside Meals
As a result of a significant decline in venture capital funding for the lab-grown meat industry, CEO Uma Valeti penned an email to employees, cautioning about uncertain times ahead.
Sightful
Approximately one-third of its total staff were let go, as the company reoriented itself towards software development.
June 2024
RealPage
Will lowering costs form a key component of our strategy to stimulate growth, potentially positioning us as a market leader within our industry.
Planet
Based on an SEC filing that indicates a total of approximately 17% of its workforce.
Moxion Energy
Based on a Warning submitting. Following the corporation’s significant expansion into Richmond, California, details on the associated cuts emerged.
eBay
As the planet undergoes a profound transformation.
BeReal
It’s allegedly declining following its transformation into.
Flutterwave
accounting for a mere 3% of its workforce, as the company pivots its focus towards B2B endeavors.
Ginkgo Bioworks
As part of a broader effort to achieve a 25% reduction in its workforce, another round of layoffs is expected.
Moovit
Making significant reductions in our workforce is expected to affect approximately 20 to 25 employees.
Wex
Shedding accounts for about 5% of its entire workforce.
PayPal
Founded primarily in Ireland, the company announced.
Rapyd
Operating in Israel, this service allows for flexible positioning to various regions, enabling price reductions.
C2FO
Reduce costs by consolidating resources within its provider’s useful administrative division, which prioritizes automation and efficiency.
Chegg
As part of a concerted drive for greater efficiency and streamlining, Udacity is embarking on a substantial restructuring endeavour aimed at transforming itself into a leaner, more agile operation.
StackPath
The company is liquidating its assets. The extent of workers impacted remains unclear.
Unit
As the corporation aims to assume a more long-term perspective, its latest blog post announced this strategic shift.
Loop
Are we streamlining operations by introducing additional cost-saving measures? The extent to which various workers are affected remains uncertain.
Care/of
We regret to inform that we will cease operations by July 3 due to unforeseen funding constraints, effective immediately. This development also necessitates our inability to accept new orders moving forward. Although the corporation hasn’t entirely shut down, they are proactively investigating options for their model, but don’t have anything concrete to report at this time.
Working Tide
Since launching in 2017, the company has elevated over $50 million in capital, but will now shut down its operations.
Satellogic
The company is slashing nearly a third of its staff, just three weeks after a previous round of layoffs affected 34 employees.
ByteDance
Slashing costs at its Indonesian e-commerce division is a significant move, accounting for approximately 9% of the unit’s overall expenses.
VRChat
The company has officially eliminated its circular economy initiative, CEO Graham Gaylor confirmed in a statement.
Paytm
It is reportedly widespread throughout the corporation. The extent to which a diverse range of workers will be affected remains uncertain.
Kissflow
As part of a strategic restructuring initiative, Has lowered.
Copia International
Following a two-week hiatus after the startup’s launch.
Revel
Shedding might stem from embracing a gig economy model akin to those employed by Lyft and Uber.
Simpl
One month after the sudden layoffs of 160 employees at the Bengaluru-based startup.
Oda
The company has had to reassess its expansion plans due to a renewed focus on its core markets in Norway and Sweden, significantly scaling back its growth ambitions.
Pagaya
Are considering laying off around 15-20% of their workforce, amidst another round of restructuring.
MoonPay
Reports indicate that the company is downsizing at an alarming rate, resulting in approximately 30 layoffs.
Microsoft
Reports indicate that Microsoft is currently working within its Azure cloud-based enterprise, with the exact number of affected employees remaining unclear.
OrCam
Shedding employees just months after slashing its workforce by 50% is a stark reality.
Across various segments of its Cloud business, the company has reportedly established multiple groups focused on sustainability initiatives, consulting services, and associate engineering collaborations.
Tropic
As part of a restructuring effort, CEO David Campbell announced the elimination of 40 positions.
Might 2024
Gro Intelligence
After shedding nearly 60 percent of its workforce in March as part of an effort to stay afloat financially.
Jasper Well being
TechCrunch has reportedly laid off some employees. The engineering and product design teams have borne the brunt of the reductions at the cancer care platform startup.
Cirium
The software company is reportedly shedding Shedding, the flight monitoring startup it acquired in 2016, as part of its plan to consolidate its operations in India and the UK.
Walnut
During the current wave of layoffs, approximately 20% of the entire workforce at an Israeli startup is being impacted.
Fisker
As part of its efforts to reduce costs and maintain financial stability, the company has been forced to make difficult decisions and eliminate positions. According to anonymous sources, including both a current and former employee, TechCrunch has been informed that approximately 150 individuals remain with the company.
Cue Well being
Are and is shedding the remainder of its employees. The COVID-19 testing company made significant layoffs just recently, slashing the workforce by 50% in an effort to reduce costs and stay afloat.
Foursquare
As part of its efforts to streamline operations, the corporation has announced a reorganization plan, according to an email sent by CEO Gary Little to staff members.
Lucid Motors
As a precursor to the debut of its inaugural electric SUV later this year, the company is set to shed around 6% of its workforce through a restructuring effort.
TikTok
Will expand its global footprint by investing in international operations and reinforcing its advertising presence worldwide. The extent to which workers are affected remains unclear.
Pixar
According to reports, a significant cut is expected to occur, affecting approximately 175 employees, as the corporation readjusts its emphasis from original Disney+ content back to feature films.
Replit
As the coding startup repositions itself to prioritize enterprise-level revenue streams, it’s letting go of its previous focus on consumer-oriented endeavors.
SeekOut
Reduce . The recruitment startup leveraging artificial intelligence to identify top talent was last valued at over $1 billion.
Gopuff
As part of its efforts to become cash-flow positive by the end of 2024, the fast-delivery startup is undergoing a round of layoffs aimed at streamlining operations and reducing costs.
Ambiance
Plans to put off the implementation of new regulations, as revealed by a whistleblower complaint (WARN) filed in Texas.
Mainvest
Has . The scope of employees impacted remains unclear.
Certainly
Reducing approximately 1,000 positions, which accounts for around 8% of the company’s workforce.
Motional
As part of a strategic restructuring effort, the company plans to reduce its workforce by approximately 40%, affecting around 550 employees. Abe Ghabra, the company’s Chief Operating Officer, has also departed.
A lawsuit will be brought to get rid of the product, prompted by a warning notice filed in California.
Vacasa
As part of a restructuring effort, the company is downsizing, shedding about 13% of its workforce.
Sensible
Advising The Verge that its smart home controllers and compact switches are no longer promoted as they cater to customers’ preferences.
Enovix
The company has been forced to reduce its workforce by approximately one-third in order to mitigate the impact of rising operating costs and lower its annual expenses.
Microsoft
Closed Arkane Austin, Tango Gameworkz, and ZeniMax Media-owned id Software as a part of Bethesda Softworks’ restructuring efforts. The exact number of employees expected to be affected remains uncertain.
Cue Well being
In a cost-cutting measure, the company plans to eliminate approximately 230 employees, roughly half of its total workforce.
Luminar
Is . The proposed cuts will have a significant impact on approximately 140 employees, with the company planning to sever ties with the majority of its contract workforce.
Sprinklr
The company has confirmed a data breach incident that affected 116 people, according to an announcement made to TechCrunch. The job cuts were implemented approximately 12 months following the company’s restructuring.
Peloton
, impacting approximately 400 employees as part of a company-wide cost reduction initiative. Barry McCarthy, the Chief Executive Officer of the corporation, may be relinquishing his role.
April 2024
Tesla
CEO Elon Musk unexpectedly announced in a single email to executives.
. The exact number of employees terminated remains unspecified.
Fisker
Shedding jobs to protect profits? The exact range of possible cuts remains unclear.
Getir
The company’s decision to discontinue its American and British divisions signals a significant shift in their global strategy, potentially impacting thousands of employees and customers. and Europe, .
Ola
In an effort to boost profitability, the company has parted ways with its chief executive, Hemant Bakshi, according to a supply chain expert familiar with the matter who spoke with TechCrunch.
True Anomaly
The environmental protection company reduced its staff by approximately 30 employees, which represented around 25% of its total workforce, due to “overlapping job responsibilities and skills across departments.”
Expedia
Is forecast to occur for the second time this year?
Nike
at its Oregon headquarters, the company will be taking action this summer, as required by a WARN Act notification.
Stability AI
Following the departure of former CEO Emad Mostaque.
. The scope of employees impacted remained unclear until later.
Rivian
. This is a crucial quarter for the electric vehicle manufacturer.
Take-Two
, affecting round 579 workers. The GTA 6 writer also announced the discontinuation of several development projects, citing a renewed focus on core objectives.
Tome
in a restructuring effort.
Tesla
per an internal email dispatched by CEO Elon Musk. As Tesla readies for its next phase of growth, the move is expected to impact over 14,000 employees globally, amidst a challenging electric vehicle (EV) market landscape.
Criteo
Is Microsoft reducing its global employee base by approximately 4%?
TikTok
The company is primarily based in Ireland as it reshapes its Training and Quality department.
Hinge Well being
As part of its preparations for an initial public offering (IPO) and pursuit of profitability, the company has decided to reduce its workforce by approximately 10%.
Checkr
The company has terminated employment for 382 staff members, accounting for approximately 32 percent of its overall workforce. The background-screening platform achieved a final valuation of $5 billion in April 2022.
Bolt.Earth
According to reports, the company has undergone significant downsizing, terminating a substantial portion of its workforce as part of an ongoing restructuring process. The scope of employees affected remains unclear, though estimates suggest potentially between 70 to 100 workers may be impacted.
Apple
Shedding in California after rainfall is a common phenomenon, as evidenced by numerous studies on the region’s unique climate.
Agility Robotics
Has undergone layoffs as part of a company-wide effort to streamline commercialization initiatives and focus resources on key business areas.
Ghost Autonomy
Shut down operations. The corporation, backed by OpenAI, utilized.
Whirlpool
Since Is, the recipe and cooking app it acquired in 2017.
AWS
Will we leverage gross sales, advertising, international providers, and our physical shops’ technology capabilities.
Byju’s
Shedding approximately 3% of its total workforce is a key component of a broader restructuring initiative.
March 2024
ChowNow
Following the acquisition of point-of-sale platform Cuboh, the company has undergone layoffs. The corporation expanded before-hand in 2022.
Nintendo of America
The company is streamlining its testing division by reorganizing its workforce, primarily comprising contractors. The adjustments will complete certain assignments, thereby leading to the establishment of new full-time roles.
Dell
The company plans to scale back its global staff by 10%, citing a decline in demand for certain services. The submission reveals a decline in corporate performance.
Synctera
The company has undergone layoffs, downsizing its workforce. According to a report by Fintech Enterprise Weekly, approximately 15% of the company’s employees, specifically 17 individuals, have been affected.
ShopBack
Is the company reducing 195 roles as part of a strategic effort to become more sustainable and future-proof under the leadership of CEO Henry Chan? The layoffs affect nearly a quarter of the company’s workforce.
Airmeet
For the second time within the past 12 months, the company has undertaken a restructuring effort.
Chipper Money
Following a recent round of layoffs affecting 20 employees, CEO Ham Serunjogi announced the latest restructuring measures.
Textio
Has strategically transferred resources to bolster its Textio Raise offering.
Stash
Is reportedly shedding . The layoffs affect around 80 people.
Phantom Auto
Is . The distant driving startup, with significantly fewer employees last year, boasted a workforce of roughly 100 people.
IBM
Are employees responsible for its advertising and communications? Prior to this announcement, the corporation had already pioneered a pioneering approach to seamlessly integrate its operations with Artificial Intelligence (AI).
Inscribe.ai
The company will reduce its workforce by nearly a quarter, dismissing dozens of employees.
Turnitin
Following feedback from CEO Chris Caret that the corporation is poised to eliminate approximately 20% of its workforce due to the introduction of artificial intelligence.
Sorare
The company has downsized by 13%, primarily affecting staff members located at its New York office, as it shifts its focus to its Paris headquarters.
Melio
Is undergoing significant downsizing, with plans to eliminate approximately 7% of its workforce as part of an organizational restructuring effort. The company executed its final round of layoffs in August 2022.
ONE
Reducing staff levels will impact approximately 40 employees. It’s been a challenging quarter for battery startups.
Undertaking Ronin
Shutting down the facility will have a significant impact on approximately 150 employees.
February 2024
Fisker
Plans are stalled, with a seemingly bleak financial outlook suggesting that insufficient funds are available to sustain itself beyond the next 12 months.
EA
Closing, which will impact approximately 670 employees, as it shifts production away from
Bumble
Letting go of approximately 350 employees, which accounts for roughly 30 percent of its overall workforce.
Apple
As the troubled project to develop an autonomous electric vehicle for a major corporation finally comes to a close, questions are emerging about the fate of those who worked on it.
Sony
Sony is shedding staff from its PlayStation unit, impacting around 8% of the division’s workforce. Studios such as Insomniac Games, Naughty Dog, Guerrilla Games, and Firesprite.
Expedia
Will , primarily in its Product & Know-how division, accounting for greater than 8% of the corporate’s workforce.
Finder
Eliminated around 17% of its workforce. The company has undergone its third significant round of layoffs within the past year.
Rivian
Are they shedding costs in a bid to slash prices in the increasingly competitive electric vehicle market?
Meati Meals
Will undergo a restructuring effort, reducing its workforce by approximately 13%, in an effort to construct a financially sustainable enterprise.
Cisco
Introducing a restructuring effort that will result in the elimination of approximately 5% of its workforce, affecting an estimated number of employees.
Toast
Will restructure and reduce workforce in a strategic move aimed at enhancing operational efficiency.
Instacart
Pursuant to an SEC filing, the company will undergo a restructuring as part of its revitalization efforts.
Mozilla
TechCrunch has uncovered that Scale AI is re-evaluating its financial support by diversifying into various product offerings, which may lead to
Grammarly
Are employees’ departures a byproduct of the corporation’s commitment to innovation and growth?
Getaround
Can downsizing as a component of a broader organizational overhaul effectively mitigate financial strain, or is it simply a knee-jerk reaction to economic pressures?
Amazon
One of its healthcare companies, One Medical, and Amazon Pharmacy are reportedly. The scope of affected positions remains uncertain.
DocuSign
The company has unveiled plans to eliminate several key positions, primarily affecting its revenue and marketing departments.
Snap
The company has unveiled a restructuring plan that will significantly affect over 500 employees, aiming to flatten its organizational structure by reducing bureaucratic layers.
Polygon Labs
Approximately 19% of its workforce, a significant portion, was introduced by CEO Marc Boiron.
Okta
Is . Just over a year after announcing approximately 300 job cuts, Okta has now disclosed a new round of layoffs.
January 2024
Thinx
The company will be laying off employees in New York City, as reported to the New York Department of Labor.
Proofpoint
Shedding approximately 280 workers, the company confirmed to TechCrunch.
Wattpad
Conducted recently, involving approximately 15% of its staff, an industry insider familiar with the situation shared with TechCrunch that.
Block
Is reportedly integrating financial tools within its flagship Money App, building on a foundation of square transactions. arms of Block.
PayPal
Has . While the scope of those impacted remains uncertain, a source informed TechCrunch that estimates suggest the number could range into the hundreds.
Aurora Photo voltaic
The startup has garnered a community of around 1,000 people, exclusively revealed by TechCrunch. Despite significant advancements in the solar industry over the past year, funding for the software program’s startup has been cut regardless.
iRobot
Are a third of its workforce, following Amazon’s bid to acquire the Roomba manufacturer and subsequently shuttering it? Colin Angle, longtime CEO, has also vacated his post.
Salesforce
Is approximately 1% of its employees. Following the corporation’s announcement in 2023, a significant shift occurred.
Flexport
Is expected to launch within the next few weeks. When Ryan Petersen, the company’s founder, resumed his role as CEO in October, similar cuts were implemented.
Microsoft
Throughout its gaming divisions, Microsoft is integrating Activision Blizzard’s assets and teams seamlessly. Blizzard President Mike Ybarra announced that he will be stepping down from his position.
Swiggy
As part of a strategic move to strengthen its financial position ahead of a planned initial public offering (IPO) scheduled for later this year, the meal supply startup has decided to lay off approximately 7% of its workforce.
Aurora
According to sources familiar with the matter. The autonomous vehicle technology company subsequently verified that approximately 3% of its employees were terminated.
eBay
The company’s restructuring plan will impact around 1,000 full-time employees. The company also intends to reduce its reliance on contractors in the near future by scaling back contract roles over the coming months.
SAP
The company plans to compensate approximately 8,000 employees as part of its ongoing restructuring efforts.
Brex
, affecting 282 staff. Within its company strategy, Co-CEO Pedro Franceschi emphasized a commitment to “fostering long-term thinking and ownership” over short-term gains in their compensation structure.
TikTok
Eradicated throughout the U.S. alongside widespread layoffs in global markets. According to preliminary reports from NPR, the impacted positions primarily fall within gross sales and marketing divisions.
Vroom
Because it ceases operations of its online used automotive marketplace, redirecting resources to two core businesses: a financing arm focused on auto lending, and another specializing in AI-driven analytics for the industry.
Riot Video games
Riot Games, maker of League of Legends, is set to affect around 530 staff members as part of a corporate strategy focusing on “fewer, high-impact initiatives” at Riot Forge.
Wayfair
The company’s decision to restructure is impacting approximately 1,650 employees, with the goal of streamlining administrative processes.
YouTube
A spokesperson confirmed to TechCrunch that Will has been restructured as part of an effort to revamp the company’s creator administration and operations teams.
Shedding appears to be aggressively pushing for increased revenue within its sales promotion group, according to confidential documents. The company-wide restructuring measures result in layoffs every seven days across various hardware divisions. Massive job cuts are expected throughout 2023.
Misplaced Boys Interactive
Apparently terminated on January 12. The studio behind a popular sports game was acquired by Gearbox, the renowned developer of the Borderlands franchise, in 2022.
Pixar
The animation studio is expected to lay off workers in 2024, potentially affecting up to 20% of its approximately 1,300-person workforce. The Walt Disney Company is reportedly scaling back its studio output due to ongoing difficulties in achieving profitability through streaming efforts.
Audible
Shedding light on a increasingly challenging landscape, according to data obtained by Enterprise Insider.
Discord
Shedding is affecting 170 people. Discord’s CEO, Jason Citron, attributes the recent layoffs to the company’s accelerated growth, which outpaced its ability to adapt and maintain a healthy organizational structure in an internal memorandum.
Across various divisions within Google, including those responsible for its Google Assistant technology and hardware products such as Pixel smartphones, Nest smart home devices, and Fitbit wearables. TechCrunch has received confirmation from the corporation that both Fitbit co-founders James Park and Eric Friedman will also be departing.
Amazon
Shedding tears at Prime Video and MGM Studios, as per a memo obtained by TechCrunch. The cuts came just days after the
Twitch
The company is considering laying off approximately 35% of its current workforce as it struggles to achieve profitability amidst escalating costs and local opposition. Additional layoffs are forthcoming, following a series of job cuts that took place throughout 2023.
Treasure Monetary
Sources close to the matter confirmed to TechCrunch that December’s layoffs had a significant impact, affecting 14 employees who accounted for 60-70% of the company’s workforce.
Duolingo
By the end of 2023, it has been confirmed that a significant shift is underway as the company transitions from manual content creation and translation processes handled by humans to leveraging AI technology for streamlined production.
Hire the Runway
As a result, will experience a decline due to its reorganization plan, triggered by the deliberate departure of President Anushka Salinas at the end of January.
Unity
Is , or 1,800 folks. The online game engine maker went public in 2023.
Pitch
The German startup behind the collaborative presentation software laid off most of its workforce, signaling a drastic shift in direction as it abandons its original course. CEO and co-founder simultaneously relinquished their leadership roles.
BenchSci
The AI and biomedical startup reported laying off employees on January 8, according to a LinkedIn post announcing the job cuts.
Flexe
Erasing January 8 from its calendar, online retail logistics company swiftly responds to the aftermath of implementing layoffs in September 2023.
NuScale
The small modular nuclear reactor company is laying off approximately 154 employees, effective January 8, as it redeploys resources to “priority strategic initiatives.”
Trigo
Laptop vision technology is reportedly being shed by.
InVision
Will conclude at the end of 2024, marking the completion of its 12-month run. The innovative design collaboration startup quickly established itself
VideoAmp
Shedding viewers is reportedly due in part to its ongoing struggle with Nielsen Media Research over the accuracy of TV ratings. Chief Executive Officer Ross McCray of the corporation.
Orca Safety
Shedding a significant number of employees, the company will part ways with 60 workers. The Israeli unicorn allegedly intends to reassign certain employees affected by the situation into alternative roles within the company.
Frontdesk
Laid off its entire 200-person workforce on January 2 after a last-ditch effort to raise additional capital ultimately failed. The mass layoffs were announced just seven months after the startup’s founding.
