Layoff list - Layoffs. fyi San Francisco ∙ Unknown # employees ∙ All departments Scoop, which facilitates carpooling for commuters, laid off over 40 employees The layoff comes seven months after the startup cut 92 employees in April, saying at the time that it was operating at a “fraction” of its normal volume due to offices closing across the country See link below for a crowdsourced layoff list containing
Tech Startup Layoffs - Layoffs. fyi Blog Check out the Layoffs fyi Tracker for a complete list of all tech layoffs during the pandemic HumanForest ∙ London ∙ Source HumanForest, a U K -based free bike-sharing service, laid off staff after a mechanical defect caused an accident for one of its customers The layoff comes shortly after the startup raised $2 3 million in seed funding
India Startup Layoffs - Layoffs. fyi Various cities across India and China ∙ 1,800 employees (9%) ∙ Various business roles Oyo, an India-based budget hotel chain, is laying off 1,800 employees across India and China (9% of staff), and plans to lay off another 1,200 in India in the coming months The startup has raised a staggering $3 2 billion and was most recently valued at $10 billion by SoftBank Its fast growth has come
Analysis - Layoffs. fyi The Paycheck Protection Program (PPP) was established by the government to incentivize small businesses to keep their workers employed during the pandemic However, a Layoffs fyi analysis reveals that over 100 tech startups conducted layoffs despite receiving loans through the program On Monday, the government released the names of all companies that received loans greater than $150,000
New York City Startup Layoffs - Layoffs. fyi New York City ∙ 28 employees (25%) ∙ All departments Cadre, an online marketplace for commercial real estate investments, laid off 28 employees (25%) last week The company, which makes money in part from up-front transaction fees, has been hurt by the sudden slowdown in the real estate market Cadre is offering laid-off employees health insurance through the end of 2020 and an extension
Nashville Startup Layoffs - Layoffs. fyi Nashville, Chicago, SF ∙ 349 employees (18%) ∙ Mostly sales and business roles KeepTruckin, which helps trucking companies manage their fleets, laid off 349 employees today (see link below for the list ) This comes just one month after the company’s previous round of layoffs KeepTruckin expects new customer acquisition to slow and existing customers to churn due to small trucking
Data Startup Layoffs - Layoffs. fyi Although the number of new startup layoffs thankfully declined this past week, there were deep cuts from companies like Lyft, TripAdvisor, and Deliveroo Below are a few of the recent layoffs You can check our tracker for a more comprehensive report As always, if you’ve seen a layoff spreadsheet for any of these companies, please let us know!
San Francisco Startup Layoffs - Layoffs. fyi San Francisco ∙ Unknown # employees ∙ All departments Scoop, which facilitates carpooling for commuters, laid off over 40 employees The layoff comes seven months after the startup cut 92 employees in April, saying at the time that it was operating at a “fraction” of its normal volume due to offices closing across the country See link below for a crowdsourced layoff list containing
London Startup Layoffs - Layoffs. fyi London ∙ At least 34 employees ∙ Multiple departments Oyo, a lodging startup headquartered in India, has cut hundreds of employees globally as the pandemic decimates its business In the wake of these layoffs, the Oyo UK division released a talent directory to showcase a few of its affected employees (see link ) Employees were told in May that most of the UK staff would be laid off