Home / layoffs
Category: layoffs

Startup yachts, Adam Neumann and wait what year is it again?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Natasha...

Read more

Twilio gets hacked, teens ditch Facebook, and SpaceX takes South Korea to the moon

Hi again! Welcome back to Week in Review, the newsletter where we quickly recap the top stories from TechCrunch dot-com this week. Want it in your...

Read more

Digital health unicorn Truepill conducts third round of layoffs in 2022

Sources say Truepill’s entire U.K. team was laid off, as well as a large portion of the virtual pharmacy platform’s product team; the data team...

Read more

Kenyan B2B e-commerce platform Marketforce cut about 9% of staff in reorganization strategy

Marketforce laid off 54 people last month, so about 9% of its overall workforce, mainly from field sales, supply chain and customer experience...

Read more

Daily Crunch: Spotify Tickets rollout lets concertgoers buy passes for live gigs

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Read more

How to conduct a reduction in force: Planning, execution and follow-up

Our best-practice advice to CEOs is to cut deep enough that they are confident there will not be a second round in the next few months.

Read more

iRobot announced a 10% staff cut the same day its Amazon news dropped

To better align its cost structure with near-term revenue, iRobot expects a net reduction of approximately 140 employees.

Read more

Microsoft makes further cuts focused on consumer R&D group

Microsoft has laid off employees at Modern Life Experiences, one of its consumer-focused R&D groups, according to social media posts by current...

Read more

Groupon cuts over 500 staff as the downturn takes its toll

Groupon, the coupon-centric marketplace once heralded as the future of ecommerce, has laid off over 500 employees as the economic conditions for tech...

Read more

Daily Crunch: Amazon to acquire iRobot in $1.7B all-cash deal

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Read more

A troubling startup layoff trend has emerged

We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that...

Read more

Robinhood’s hangover, YC’s reduction and Uber’s return to form

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex,...

Read more

Y Combinator narrows current cohort size by 40%, citing downturn and funding environment

Y Combinator says it has intentionally shrunk the number of startups within its accelerator for the Summer 2022 batch. As first reported by The...

Read more

Robinhood cuts 23% of staff, CEO Vlad Tenev says, ‘This is on me’

The fintech company is laying off 23% of its workforce, its second layoff in just a few months.

Read more

Clearco cuts 25% of staff, considers ‘strategic options’ for international operations

Clearco, a Toronto-based fintech capital provider for online companies, tells TechCrunch that it has laid off 125 people, or 25% of its entire staff....

Read more

Career Karma conducts layoffs as tech jobs face a massive stress test

Learning navigation platform Career Karma has laid off 60 people across its United States and global teams, CEO and co-founder Ruben Harris confirmed...

Read more

Rivian begins laying off 6% of workforce

Rivian has started laying off about 6% of its workforce as part of a restructuring plan, according to an internal email from founder and CEO RJ...

Read more

Shopify lays off 10% of its workforce as rapid pandemic growth slows

Shopify is laying off around 10% of its workforce, or about 1,000 employees, the Wall Street Journal has reported. The Ottawa, Canada-based company...

Read more

Big tech cutting back on hiring is an opportunity for startups

Once seemingly unstoppable, big tech is now in reset mode, slowing hiring and laying off employees. What does this mean for startups?

Read more

Just Eat Takeaway scales back in France as market value drops 84% in 10 months

Just Eat Takeaway is cutting 390 jobs from its workforce in France, constituting part of a broader global restructuring effort as the food delivery...

Read more

Lyft lays off about 60 employees, shutters in-house car rentals program

Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft...

Read more

Crypto exchange Gemini executes second round of layoffs less than two months after axing 10% of staff

Just seven weeks after crypto exchange Gemini cut approximately 10% of its workforce due to “turbulent market conditions,” the startup has made...

Read more

Modsy quietly shut down while some customers were still awaiting refunds

Some customers of Modsy, the online interior design services startup, say that they haven't received the refunds they were promised when the...

Read more

Wordle, hurdles and Sally’s early retirement

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines....

Read more

Autonomous vehicles startup Nuro winds down operations in Phoenix

Autonomous vehicle startup Nuro told employees the Phoenix Depot location would be closed by Oct 1. It will continue to operate its Tempe, AZ...

Read more

Tonal just shed over a third of staff to help it become a ‘self-sustaining and profitable business’

Tonal, an at-home fitness company last valued at $1.6 billion, has laid off 35% of its workforce in what the company says was...

Read more

Signaling tough times ahead, ChowNow lays off employees

ChowNow, the food ordering and delivery business, has laid off a number of employees, TechCrunch has learned.

Read more

Fabric lays off 40% of staff as it shifts strategy from service to platform

The shift and subsequent layoffs stem from customers asking for more control over their micro-fulfillment process.

Read more

Latest 20