Layoffs in United States

Blue Origin on 2023-09-06.

iSpecimen, a Lexington, Massachusetts-based company in the healthcare and life sciences sector, announced on Wednesday that it has laid off approximately 20% of its workforce effective immediately. This workforce reduction is part of a strategic effort to cut costs and drive profitability amid financial challenges, as reflected in the company's stock, which has declined nearly 53% year-to-date. The layoffs, impacting a significant portion of its employees, underscore the company's focus on streamlining operations to navigate current market conditions.

Streaming platform Roku is laying off 10% of its workforce, affecting approximately 360 employees, as part of a significant cost-cutting initiative announced in late 2023. This marks the company's third round of layoffs within a year, following cuts of 200 workers each in March and November. With a total workforce of around 3,600, the move aims to reduce operating expense growth. Alongside the layoffs, Roku is consolidating office space, slowing hiring, and reviewing its content portfolio, incurring substantial restructuring charges. Concurrently, the company raised its third-quarter revenue and EBITDA guidance, signaling a strategic shift toward improving profitability after a period of heavy investment.

Roku conducted layoffs and removed streaming content as part of cost-cutting measures, marking another round of workforce reductions.

Absci laid off 30 employees representing approximately 15% of its workforce on 2023-09-05.

Hodinkee laid off 24 employees representing approximately 20% of its workforce on 2023-09-05.

AI computer vision startup Nexar laid off 17 employees on September 4, 2023, representing 14% of its 120-person workforce. This marks the company's third round of layoffs in ten months, following cuts in November 2022 and July 2023, cumulatively reducing headcount by over 30%. Nexar, which provides AI-powered visual data and digital twins of road networks, had raised a $53 million Series D in late 2021. The layoffs reflect broader challenges in the tech sector, as the company adjusts its operations amid market pressures.

Roku, a TV streaming hardware and software company, announced layoffs affecting approximately 10% of its workforce, which translates to more than 300 employees, as part of efforts to reduce operating expenses that have been growing rapidly. The company, which had around 3,600 full-time employees at the end of 2022, is also consolidating office space, reviewing its content portfolio, and limiting new hires. This follows a previous round of layoffs in March 2023, where about 200 employees were let go. Roku expects to incur significant costs related to severance and impairment charges due to these changes, with its revenue primarily driven by advertising from its platform, including The Roku Channel, despite reporting a net loss in the second quarter of 2023.

Gated, an email management startup, is shutting down at the end of September, resulting in layoffs for its entire team. The company, which had helped filter half a billion emails and raised funds for charity, cited a smaller-than-expected market for its inbox focus tools as the reason for closure. While the exact number of employees affected wasn't disclosed, the shutdown implies a 100% reduction. Operating in the SaaS/email productivity industry, Gated will open-source its code and assist users in migrating their data before closing.

Clearcover representing approximately 28% of its workforce on 2023-09-01.

Pegasystems laid off 240 employees representing approximately 4% of its workforce on 2023-08-31.

Cybersecurity firm Malwarebytes laid off approximately 100 to 110 employees globally in late August 2023 as part of a major strategic reorganization. The layoffs, which primarily affected corporate staff, were implemented to rationalize expenditures ahead of a planned split of the company into two separate business units: one focused on consumer tools like identity protection and VPN, and the other on enterprise-facing software. This move follows a previous round of layoffs a year earlier and comes after the departure of several top executives. CEO Marcin Kleczynski confirmed the restructuring but denied any plans to sell parts of the business, stating that Malwarebytes remains healthy and profitable.

In August 2023, AI-driven digital health firm Biofourmis laid off 120 employees globally, including 48 in the U.S., as part of a strategic shift to accelerate growth in the US market. This workforce reduction, primarily affecting operational and administrative roles, occurred roughly a year after the Boston-based company achieved unicorn status with a $1.3 billion valuation. Merely a month following these layoffs, co-founder and CEO Kuldeep Singh Rajput abruptly resigned. The company has since established an interim "Office of the CEO" overseen by new board member Ben Wanamaker while it searches for a permanent chief executive.

Expedia on 2023-08-31.

SkyKick laid off 140 employees on 2023-08-30.

San Francisco-based software startup Zeplin has laid off 37 employees, representing about 35% of its workforce, in late August 2023. The company, which builds collaboration tools for designers and engineers, cited a challenging fundraising environment and increasing competition from rivals like Figma as key reasons for the cuts. The layoffs, announced during an all-hands meeting, particularly affected the sales and marketing teams, with reductions also in design, product, support, and HR. Founded in 2014 and a Y Combinator alum, Zeplin joins many tech firms resorting to workforce reductions to navigate post-pandemic economic pressures and customer attrition.

Clockwork representing approximately 100% of its workforce on 2023-08-28.

Zebra Technologies, a global leader in enterprise asset intelligence and tracking solutions, announced in late August 2023 that it would eliminate approximately 700 positions. This workforce reduction represents a significant cut for the technology company, which employs around 10,000 people globally, meaning roughly 7% of its workforce was affected. The decision was driven by a need to streamline operations and reduce costs in response to challenging macroeconomic conditions and a slowdown in customer spending within the industrial automation and enterprise mobility sectors. The layoffs are part of a broader restructuring plan aimed at improving operational efficiency and positioning the company for future growth amid market uncertainties.

HackerRank, a Y Combinator-backed technology hiring platform, laid off 53 employees globally in late August 2023. The layoffs were attributed to prolonged poor financial performance and ongoing economic uncertainty, prompting a strategic shift to prioritize protecting existing customers over new business. Co-founder and CEO Vivek Ravisankar announced the restructuring, which involved role eliminations and organizational redesign. The company, which has assessed over 7 million developers worldwide, is providing severance packages including extended pay and health insurance support to affected staff.

Fortinet, a leading cybersecurity vendor based in Sunnyvale, California, has conducted layoffs affecting employees in sales, business development, and channel partner roles. While the exact number of impacted workers is not specified, the cuts come amid broader industry downsizing and follow Fortinet's lower-than-expected earnings for the quarter ending June 30. The company, which reported having 13,677 employees and contractors as of that date, attributed the sales decline to enterprise customers postponing deals due to economic uncertainty. Affected individuals, including channel development specialists and managers, shared news of the layoffs on LinkedIn in August 2023, highlighting reductions in key teams that support Fortinet's entirely channel-driven sales model.

Captiv8, an influencer marketing platform, has laid off approximately 20% of its workforce, affecting around 20 employees. The company, which operates in the competitive marketing technology industry, cited a strategic restructuring aimed at improving operational efficiency and focusing on core business priorities. This move reflects broader challenges within the ad tech and influencer marketing sectors, where companies are adjusting to shifting market demands and economic pressures. The layoffs occurred as part of efforts to streamline operations and position the company for sustainable growth amid a rapidly evolving digital landscape.

Atlas laid off 150 employees representing approximately 30% of its workforce on 2023-08-23.

BlackLine laid off 95 employees representing approximately 5% of its workforce on 2023-08-23.

Rivos laid off 24 employees representing approximately 6% of its workforce on 2023-08-23.

Tempo Automation on 2023-08-22.

Unite Us on 2023-08-21.

Recur on 2023-08-21.

Embrace, a startup in the technology sector, has conducted a layoff as part of a strategic realignment to focus on marketing and product innovation. The decision, announced by CEO Eric Futoran, reflects the challenging economic climate and the company's need to allow its long-term strategies more time to develop. While the exact number of employees affected was not disclosed, the move aims to streamline operations toward core growth areas. Embrace continues to grow with investor support but is adjusting its team structure to navigate current market conditions and ensure sustainable progress.

Zylo representing approximately 10% of its workforce on 2023-08-18.

In May 2023, Intel initiated a new round of layoffs, primarily targeting its client computing and data center groups, following earlier workforce reductions in October 2022. The company is cutting 140 research and development positions in California, with 89 employees affected at its Folsom campus and 51 in Santa Clara. These cuts are part of Intel's broader restructuring efforts to streamline operations and reduce costs amid shifting market demands and competitive pressures in the semiconductor industry. As a major player in the tech sector, Intel continues to adjust its workforce while investing in strategic areas like AI and advanced packaging to maintain its market position.

San Diego-based DNA sequencing leader Illumina laid off 151 employees at its headquarters and a nearby site, effective August 14, 2023. This is part of a broader cost-cutting plan to reduce annual expenses by over $100 million. The layoffs, primarily affecting manufacturing, engineering, and talent acquisition roles, represent a small fraction of its global workforce of 10,200. This action occurs amidst company turmoil, including a CEO resignation, a proxy fight, and ongoing legal battles over its contested acquisition of Grail, which regulators have ordered it to divest.

AppFolio laid off 149 employees representing approximately 9% of its workforce on 2023-08-17.

FlexCar laid off 20 employees on 2023-08-16.

CoinDesk, a crypto media business owned by Digital Currency Group, is reducing its workforce, impacting 16% of staff, as a required step to ensure financial soundness and facilitate a potential sale deal expected to close in the coming weeks.

Cybersecurity firm SecureWorks announced on August 14, 2023, that it will lay off approximately 300 employees, representing 15% of its global workforce. This marks the company's second round of job cuts in 2023, following a 9% reduction in February when it had about 2,149 full-time employees. CEO Wendy Thomas cited the need to simplify and scale the business to achieve profitable growth. The layoffs, expected to cost around $14.2 million in termination benefits and real-estate expenses, are part of a broader trend of workforce reductions in the tech and cybersecurity sectors, with affected employees' last day set for August 25.

SHINE Technologies, a Janesville, Wisconsin-based company in the nuclear technology and medical isotopes industry, has laid off 59 employees. The layoffs, announced in late 2023, affected a range of positions including a vice president, engineers, and support staff. The company, which had recently claimed a breakthrough in nuclear fusion technology, cited difficult market conditions, challenging long-term projects, and cash flow concerns due to a lack of financing and investment. CEO Greg Piefer stated the cuts were part of a focus on reaching a self-sustaining financial state. Affected workers received two months of pay and benefits.

Shutterfly, a California-based online photo printing and personalized goods company, is closing its manufacturing plant in Shakopee, Minnesota, resulting in the layoff of 246 employees. The closure, part of a strategy to consolidate operations into larger hubs, will be phased starting in October 2023, with the facility permanently shutting in June 2024. The company, which has operated the plant for nearly a decade, acknowledged the impact on workers and the local community and stated it would assist affected employees with job placement, internal transfers, or relocation support. This move reflects a restructuring effort within the competitive e-commerce and photo services industry.

StyleSeat representing approximately 17% of its workforce on 2023-08-09.

Niantic laid off 100 employees on 2023-08-09.

In August 2023, Blend Labs, Inc., a financial technology company providing software for the mortgage and banking industries, implemented its fifth round of layoffs within a year and a half. The company eliminated approximately 150 current positions, representing about 19% of its onshore workforce at the time, along with roughly 20 unfilled vacancies. This restructuring plan, announced on August 9, 2023, aimed to further streamline its title operations and corporate functions, including research and development, sales, and general administration. The move was part of Blend's ongoing efforts to reduce costs and improve operational efficiency amid challenging market conditions in the mortgage sector.

Caliva laid off 54 employees on 2023-08-08.

23andMe laid off 71 employees representing approximately 11% of its workforce on 2023-08-08.

Thoughtworks, a global technology consultancy, is laying off approximately 4% of its workforce, affecting hundreds of employees. The company, which employs around 10,000 people worldwide, announced the cuts in August 2023 as part of a restructuring effort to improve operational efficiency and adapt to changing market conditions in the tech industry. This move reflects broader challenges within the technology consulting sector as companies adjust to post-pandemic demand shifts and economic uncertainties.

Doximity laid off 100 employees representing approximately 10% of its workforce on 2023-08-08.

Rapid7 laid off 470 employees representing approximately 18% of its workforce on 2023-08-08.

Dell Technologies is implementing layoffs within its core sales teams as part of a strategic shift to a new partner-led go-to-market model, particularly for storage products. While the exact number of affected employees was not specified in this announcement, the company is restructuring to incentivize its direct sales force to sell more through channel partners. This move, confirmed by a Dell spokesperson, aims to enhance competitiveness and align with market demands that favor indirect sales. The layoffs occur in the broader context of the technology industry's adjustments and follow a larger reduction of 6,650 jobs announced by Dell earlier in the year. Partners view this change positively, seeing it as an opportunity to deepen collaboration with Dell and drive future growth.

Qomplx laid off 60 employees on 2023-08-04.

Discord has laid off nearly 40 employees, representing 4% of its workforce, as part of a company reorganization. The job cuts affected teams in marketing, design, and entertainment partnerships, with the company stating it is focused on long-term growth.

Aware on 2023-08-03.

Discord laid off 37 employees representing approximately 4% of its workforce on 2023-08-03.