Layoffs in United States

Quantum SI representing approximately 12% of its workforce on 2023-01-30.

CoinTracker laid off 19 employees on 2023-01-28.

Ruggable, a 13-year-old direct-to-consumer rug brand, laid off 100 employees on January 27th as part of an internal restructuring to navigate a challenging economic environment. This reduction affects its global corporate team and represents a significant portion of the workforce, as LinkedIn lists the company with over 440 employees, including part-timers. The layoffs align with a broader trend in the e-commerce and home goods industry, where companies like Stitch Fix and Wayfair are also cutting jobs. Factors such as high inflation, reduced consumer discretionary spending, and a decline in home sales have pressured the sector, which had previously boomed during the pandemic. Ruggable, known for its washable rugs and venture-backed growth, aims to strengthen its position amid these economic headwinds.

Nate on 2023-01-27.

Decent, a health insurance startup focused on affordable coverage for small businesses, underwent significant layoffs in early 2023 after a major partnership collapsed unexpectedly. The company was forced to wind down most of its operations, retaining only a core team. While the exact number of employees affected wasn't specified, the move followed the abrupt withdrawal of a key partner that derailed their planned nationwide expansion. This setback left Decent without a marketable product in the near term, leading to the difficult decision to let go of staff across various departments, including Finance, Health, Operations, and Engineering, with the founders committed to providing notice and severance. The incident highlights the challenges faced by startups in the competitive insurance industry when critical business dependencies fail.

Synopsys, a semiconductor design software company, has announced layoffs affecting over 100 employees in the Bay Area, specifically at its Mountain View and Sunnyvale offices, with the cuts effective March 31, 2023. The majority of those impacted are tech engineers, designers, and software specialists. This move is part of a broader trend of workforce reductions across the tech industry, as companies adjust to shifting post-pandemic demand and economic conditions. While the exact percentage of Synopsys' total workforce affected isn't specified, the layoffs reflect the ongoing recalibration within the technology sector.

In February 2023, fintech company DriveWealth conducted layoffs as part of a broader industry trend affecting even well-funded firms. While the exact number of employees impacted was not specified in the article, the layoffs reflect the challenging macroeconomic environment that prompted cost-cutting measures across the sector, including at larger peers like PayPal. The move underscores the ongoing pressures within the fintech industry during this period.

The provided content does not contain any information about a layoff event at Confluent. It appears to be promotional marketing material for the company's data streaming platform and related services, highlighting product features, customer case studies, and recent blog posts. There is no mention of workforce reductions, employee numbers, or a specific date for such an event. Therefore, a layoff summary cannot be generated from this text.

Plus One Robotics, a company in the robotics and automation industry, conducted a layoff affecting approximately 10% of its workforce. The announcement was made by CEO Erik Nieves, who described the day as difficult, emphasizing the personal impact on employees who were valued team members. While the exact number of employees laid off or the total company size was not specified, the reduction was framed as a necessary step amid broader market challenges. The post encouraged other employers to reach out to the affected individuals for new opportunities.

Quora on 2023-01-26.

CareRev, a healthcare staffing technology platform, laid off an unspecified number of employees on January 25, 2023, as part of a strategic refocusing effort. The company, which connects over 22,000 healthcare professionals with more than 600 health systems, is prioritizing its technology development to build self-service tools and a new workforce model over the next three years. CEO Will Patterson cited the need to adapt to difficult economic conditions and help health systems improve financial health by moving away from inefficient traditional staffing. The layoffs, described as a hard but necessary decision to execute long-term priorities, affected colleagues who contributed to the mission, with the company providing severance packages.

Personalized photo products leader Shutterfly is laying off 360 employees, as confirmed by an internal company email. This latest round of staff reductions, effective by the end of March, follows a previous cut of about 800 employees last year. The layoffs are part of the company's ongoing struggles to stabilize after acquiring Lifetouch in 2018 and going private in 2020, compounded by reported losses of $35-$45 million in Q3 last year. CEO Hilary Schneider cited "choppy times" ahead, attributing the cuts to lackluster consumer spending, rising costs, and lower margins, despite post-pandemic growth plans. The layoffs include 97 positions at its Shakopee, Minnesota warehouse, where photo book production is being transferred to other facilities. This move reflects broader tech industry trends, as companies adjust to economic pressures.

Guardant Health laid off 130 employees representing approximately 7% of its workforce on 2023-01-25.

IBM laid off 3,900 employees representing approximately 2% of its workforce on 2023-01-25.

Lam Research laid off 1,300 employees representing approximately 7% of its workforce on 2023-01-25.

Digital weight loss and behavioral health company Noom confirmed a new round of layoffs in January 2023, marking its third workforce reduction in less than a year. While the exact number for this latest cut was not disclosed, previous rounds were significant, including a layoff of about 500 employees, or 10% of its staff, in the fall of 2022. The company, which was valued at $3.7 billion in 2021, cited tough economic headwinds as the reason, stating it needed to ensure long-term momentum after a period of extraordinary growth. This series of layoffs coincides with broader challenges in the digital health sector and internal shifts, including a search for a new CEO.

Clear Capital laid off 250 employees representing approximately 25% of its workforce on 2023-01-25.

SirionLabs, a Tiger Global and Sequoia-backed contract management SaaS startup, laid off approximately 130 employees, or about 15% of its workforce of over 900, in mid-January. The job cuts, announced by CEO Ajay Agrawal on January 17, impacted teams globally, including DevOps, analysts, and support. This restructuring, aimed at achieving profitability amid a challenging macroeconomic environment, came just days after the company raised $25 million in an extended Series D funding round, bringing its total Series D to $110 million. The Washington-headquartered startup, which has raised about $170 million to date, offered a two-month severance package to affected employees.

Bolt laid off 50 employees representing approximately 10% of its workforce on 2023-01-24.

Vacasa laid off 1,300 employees representing approximately 17% of its workforce on 2023-01-24.

PagerDuty representing approximately 7% of its workforce on 2023-01-24.

Innovaccer laid off 245 employees representing approximately 15% of its workforce on 2023-01-24.

Corvus Insurance representing approximately 14% of its workforce on 2023-01-24.

Icon on 2023-01-24.

OFFOR Health, a tech-enabled healthcare delivery company, recently conducted a layoff, reducing its team size due to macroeconomic pressures. While the exact number of employees affected and the total workforce size were not disclosed in the announcement, the company described the decision as extremely difficult. The impacted individuals worked across software development, clinical recruiting, sales, HR, and IT, having contributed to expanding services to five states and launching multiple care lines for pediatric and adult patients. This restructuring reflects broader economic challenges within the healthcare technology industry as companies adjust their operations.

Innovid laid off 40 employees representing approximately 10% of its workforce on 2023-01-23.

Israeli cloud security startup Ermetic laid off 30 employees on January 23, 2023, representing 17% of its workforce. The cuts, part of a restructuring to focus on core technological development amid market challenges, affected marketing, sales, and HR departments, with no R&D staff impacted. A third of the laid-off employees were based in Israel. Ermetic, which had raised $100 million in total funding, operates in the cybersecurity industry, providing multi-cloud protection for enterprise customers.

Uber Freight laid off 150 employees representing approximately 3% of its workforce on 2023-01-23.

Yext representing approximately 8% of its workforce on 2023-01-23.

Gemini representing approximately 10% of its workforce on 2023-01-23.

On January 20, 2023, Vox Media, a prominent digital media company behind brands like Vox.com, The Verge, and New York Magazine, laid off approximately 130 employees, representing 7% of its workforce. CEO Jim Bankoff cited a challenging economic environment and the need to scale back underperforming or non-core projects as reasons for the cuts. The layoffs affected various departments, including Revenue, Editorial, Operations, and Core Services. This follows a previous round of layoffs in July 2022, where 39 employees were let go. The company, operating in the competitive digital media industry, indicated it would continue to assess its financial outlook and implement cost-saving measures as necessary.

Avalara on 2023-01-20.

Google laid off 12,000 employees representing approximately 6% of its workforce on 2023-01-20.

Online retailer Zappos, a subsidiary of Amazon, has conducted a new round of layoffs impacting several departments, as reported in January 2023. The exact number of affected employees and the start date were not disclosed. This follows a previous round in September where the company confirmed cutting less than 4% of its staff, though sources suggested it could have been as high as 20%. The move aligns with broader tech industry downsizing, including Amazon's own announcement to cut 18,000 jobs earlier that month. Zappos stated the layoffs are part of ongoing assessments to ensure long-term success while maintaining its customer service mission.

Karat laid off 47 employees on 2023-01-20.

Edifecs laid off 30 employees on 2023-01-20.

Based on the provided content, there is no information about a layoff event at Citrine Informatics. The text appears to be a generic sign-up or login interface snippet from LinkedIn, containing no news or details about the company's operations, workforce, or any restructuring. Therefore, a summary of a layoff cannot be generated from this material.

BitTorrent laid off 92 employees on 2023-01-20.

Morning Consult on 2023-01-20.

Cyteir Therapeutics representing approximately 70% of its workforce on 2023-01-20.

Magnite, a digital advertising technology company, announced a workforce reduction of approximately 6% across its global operations. This layoff, disclosed in a filing on Thursday, is part of the company's ongoing integration efforts following its 2021 acquisition of SpotX, Inc. The cuts primarily target duplicative roles as Magnite consolidates its CTV platforms and realizes operating cost synergies from the acquisition. While the exact number of affected employees was not specified, the 6% reduction reflects a strategic move to streamline operations and eliminate redundant positions within the organization.

Google laid off 12,000 employees in a recent round of big tech layoffs.

IAM Robotics, a company in the robotics and automation industry, has conducted a layoff, as confirmed by founder Tom Galluzzo in a personal message. While the exact number of employees affected and the total workforce size are not specified in the post, the event occurred recently, with Galluzzo expressing gratitude to those let go and encouragement to the remaining team. The context suggests this was a difficult decision, likely due to broader economic challenges or a strategic shift, aimed at ensuring the company's future success and the value of its products. The founder emphasized community support and offered assistance to impacted individuals during this transition.

Electric bus and battery manufacturer Proterra is laying off approximately 300 employees this year as part of a cost-cutting consolidation plan. The company is exiting its California facility and combining its electric bus and battery production in South Carolina. This restructuring, announced in early 2023, aims to reduce facilities costs and better manage supply-chain disruptions. The move reflects broader challenges in the electric vehicle industry, where companies are tightening spending amid consumer concerns about affordability and rising prices.

Earth Rides, an electric ride-share company based in South Nashville, suddenly and permanently shut down on January 19, 2023, without any prior notice to its employees. The closure left an unspecified number of drivers—both full-time and part-time—without their final paychecks, reportedly amounting to three weeks of unpaid wages. Former employees, who were left in the dark about the shutdown, described receiving abrupt messages to cancel rides and return to the lot, with no official communication from the company. Operating in the competitive transportation and car-sharing industry, Earth Rides' abrupt closure not only impacted its workforce but also disrupted service for customers, including those with special needs who relied on the rides. The company's owner has been unresponsive to inquiries, leading former employees to consider legal action to recover their lost wages.

Capital One laid off 1,100 employees on 2023-01-19.

Riot Games, the developer behind League of Legends and Valorant, has laid off 46 employees as part of strategic shifts within certain teams. The company, which currently has 150 open positions globally, stated this move aims to sharpen its focus on delivering the best content and experiences for players. These layoffs, confirmed in January 2023, affected roles across departments such as recruiting, human resources, support, and esports. While Riot historically avoids large reductions, this decision aligns with broader economic challenges impacting the tech and gaming industries. The layoffs represent a small fraction of its workforce, reflecting periodic adjustments to team structures as part of normal business operations.

Prisma, a database technology company, has laid off 21 employees, representing 28% of its team, as announced by CEO Søren Schmidt. The decision, made to adjust the go-to-market strategy and align with future objectives, stems from overly aggressive hiring in commercial functions, resulting in departmental redundancies, and the need to navigate current macroeconomic challenges. The layoffs aim to refocus the company for greater operational efficiency and stability. Affected employees have been notified and will receive severance, extended healthcare benefits, and job search support.

Fandom, the entertainment wiki platform, conducted layoffs affecting its recently acquired sites including Giant Bomb, GameSpot, Metacritic, and TV Guide on January 19, 2023. The cuts impacted less than 10% of the company's total workforce, which numbers under 500 employees, translating to fewer than 50 people let go. This restructuring occurred just four months after Fandom purchased these gaming and entertainment sites for approximately $50 million from Red Ventures. The layoffs, part of broader workforce adjustments within Fandom, led to notable departures such as editors and producers, with Giant Bomb temporarily halting operations in response. The company operates in the digital media and entertainment information industry, managing a vast network of fan wikis.

Personalis representing approximately 30% of its workforce on 2023-01-19.