Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices. But let’s start with some […]
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Trending topics and news from the layoff category
Back to news homeSocial app IRL lays off 25% of team, says it has enough cash to last well into 2024
“We have all seen the state of the market,” IRL CEO and co-founder Abraham Shafi wrote in a company-wide memo where the social app announced it would be dramatically cutting […]
a16z-backed Loom lays off 14% of staff, one year after becoming a unicorn
Loom, an enterprise collaboration video messaging service, has laid off 34 employees, or 14% of its total staff, sources say. Employees across product and people operations were impacted. The venture-backed […]
SWVL plans to lay off 32% of its team two months after going public
Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce, it said in a statement today. The company’s LinkedIn profile shows it has over 1,330 […]
Tech layoffs top 15K in a brutal May
It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their […]
A weaker economy won’t solve the tech talent crunch overnight
But it could lead to more balance later this year Ron Miller 10 hours As bad economic news piles up seemingly on a daily basis, we don’t know what the […]
Fintech MainStreet cuts about 30% of staff, citing ‘incredibly rough market’
MainStreet, a startup that helps other startups uncover tax credits that was valued at $500 million last year, has laid off about 30% of its staff, according to a tweet […]
After layoffs, Flockjay lands on a new SaaS-y vision for tech sales
Months after cutting half its staff, edtech startup Flockjay has landed on a new vision for how to disrupt tech sales: start from the inside, out. The startup is building […]