Checkr, a 10-year-old startup that offers employee background checks and was last valued at $ 5 billion in April 2022, has laid off 382 employees as companies are not significantly hiring talent. TechCrunch exclusively learned that Checkr conducted the layoffs across all departments and different levels on Tuesday. The San Francisco–based startup confirmed the layoffs […]
Bumble lost a third of its Texas workforce after state passed restrictive ‘Heartbeat Act’ abortion bill
Bumble has lost a third of its Texas workforce in the months since the state passed the controversial abortion SB 8 (Senate Bill 8), also known as the Texas Heartbeat Act, over a year ago. This new data point was shared by Bumble’s Interim General Counsel, Elizabeth Monteleone, speaking on a panel this afternoon at […]
Instacart lays off 250 employees, or 7% of its workforce, to ‘reshape’ company
Grocery-delivery giant Instacart announced today that it’s laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo said in a letter to investors that the layoffs will allow the company to streamline how it operates. The company announced the layoffs alongside the release of […]
Car-sharing company Getaround cuts one-third of US workforce
Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring. The company said in a statement it will restructure its workforce and operations to reduce costs in hopes of extending its cash runway and accelerating […]
Snapchat’s parent lays off 10% of workforce in order to ‘reduce hierarchy,’ says company
Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact roughly 500-plus employees, based on headcount figures Snap released in November 2023, when it saw small-scale layoffs of its then north of 5,000 employees. The […]