Thread by @eringriffith, CORONA CASUALTIES IN STARTUP-LANDConvene laid off 150 https://www.businessinsider.com/convene-lays-off-20-percent-workers-coronavirus-hits-flex-space-2020-3Inspirato cut 100+ https://www.bizjournals.com/denver/news/2020/03/14/inspirato-layoffs-denver [...]

CORONA CASUALTIES IN STARTUP-LAND

Convene laid off 150 https://www.businessinsider.com/convene-lays-off-20-percent-workers-coronavirus-hits-flex-space-2020-3

Inspirato cut 100+ https://www.bizjournals.com/denver/news/2020/03/14/inspirato-layoffs-denver.html

Wheels laid off staff https://www.theverge.com/2020/2/27/21156160/wheels-layoffs-ebike-electric-bike-dockless-micromobility

FabFitFun laid off 137 https://dot.la/fabfitfun-layoffs-refocus-2645321060.html

FabFitFun Lays Off 137, Slashes Production Arm

The subscription box service has laid off around 20% of its employees as the company looks to sharpen its "focus on areas that drive the most value" and build itself as a launchpad for brands.

https://www.businessinsider.com/convene-lays-off-20-percent-workers-coronavirus-hits-flex-space-2020-3

Remote Year laid off majority of staff https://www.americaninno.com/chicago/inno-news-chicago/chicago-travel-startup-remote-year-lays-off-majority-of-staff/

Lola laid off 34 https://www.protocol.com/coronavirus-tech-startups-layoffs-cuts?utm_campaign=RebelMouse&share_id=5406882&utm_medium=social&utm_source=twitter&utm_content=Protocol

Starsky Robotics shut down https://medium.com/starsky-robotics-blog/the-end-of-starsky-robotics-acb8a6a8a5f5

Lime preparing layoffs https://www.bloomberg.com/news/articles/2020-03-21/scooter-giant-lime-preparing-layoffs-as-rider-numbers-collapse

Service Technologies shut down https://getservice.com/

Service

https://www.americaninno.com/chicago/inno-news-chicago/chicago-travel-startup-remote-year-lays-off-majority-of-staff/

Cabin, The Guild, TripleByte, Eight Sleep laid off staff https://www.theinformation.com/articles/layoffs-accelerate-across-silicon-valley-startups

Layoffs Accelerate Across Silicon Valley Startups

As the world braces for a recession triggered by the coronavirus outbreak, venture capital–backed startups across several industries are making significant cuts to their employee numbers.Four...

https://www.theinformation.com/articles/layoffs-accelerate-across-silicon-valley-startups

Yonder laid off 18 https://www.americaninno.com/austin/inno-news/austin-startup-yonder-lays-off-18-employees-citing-coronavirus-disruptions/

Startup Layoffs Amid Coronavirus: Austin's Yonder Lays Off 18

Yonder, an Austin startup that helps identify disinformation campaigns online using AI, has laid of 18 of its employees, Austin Inno confirmed.

https://www.americaninno.com/austin/inno-news/austin-startup-yonder-lays-off-18-employees-citing-coronavirus-disruptions/

Bookaway layoffs, salary cuts https://www.calcalistech.com/ctech/articles/0,7340,L-3800630,00.html

Travel Booking Startup Bookaway Warns of Layoffs, Citing Coronavirus

Bookaway announced to its employees that it plans to begin a process of cuts that will include, among other things, lowering salaries and laying off some of its employees

https://www.calcalistech.com/ctech/articles/0,7340,L-3800630,00.html

Leafly laid off 91 https://www.geekwire.com/2020/leafly-lays-off-additional-91-employees-eliminating-50-percent-staff-2020/

Leafly lays off additional 91 employees, eliminating more than 50 percent of staff in 2020

Leafly laid off 91 employees Monday, just two months after eliminating 54 positions at the online cannabis brand. The Seattle startup that once employed about 300 now has 140 employees remaining. The…

https://www.geekwire.com/2020/leafly-lays-off-additional-91-employees-eliminating-50-percent-staff-2020/

Getaround seeking a buyer https://www.bloomberg.com/news/articles/2020-03-20/softbank-backed-getaround-looks-for-buyer-as-demand-evaporates

SoftBank-Backed Getaround Looks for a Buyer as Demand Evaporates

Car-sharing had been troubled even before the Covid-19 pandemic.

https://www.bloomberg.com/news/articles/2020-03-20/softbank-backed-getaround-looks-for-buyer-as-demand-evaporates

Compass laid off 375 employees https://www.protocol.com/coronavirus-compass-layoffs-real-estate

Compass lays off 15% as coronavirus wreaks havoc on real estate

The SoftBank-backed unicorn is already predicting a 50% decline in revenue over six months.

https://www.protocol.com/coronavirus-compass-layoffs-real-estate

Sonder cut 400 https://www.theinformation.com/articles/vc-backed-sonder-cuts-one-third-of-staff-as-travel-plummets?shared=b66afc536682ae8c

VC-Backed Sonder Cuts One-Third of Staff as Travel Plummets

Sonder, a venture capital-backed operator of apartment-based lodgings for tourists and business travelers, laid off or furloughed more than 400 people, about one-third of its staff, in a bid to...

https://www.theinformation.com/articles/vc-backed-sonder-cuts-one-third-of-staff-as-travel-plummets?shared=b66afc536682ae8c

Zeus Living laid off 30% of staff https://www.businessinsider.in/finance/news/airbnb-backed-zeus-living-just-laid-off-30-percent-of-staff-as-the-coronavirus-upends-travel-and-hospitality-startups/articleshow/74801446.cms

TripActions laid off hundreds https://www.wsj.com/articles/tripactions-lays-off-hundreds-of-employees-amid-coronavirus-11585084870

TripActions Lays Off Hundreds of Employees Amid Coronavirus

Corporate-travel startup TripActions Inc. laid off hundreds of employees to save cash because its business has slowed due to the coronavirus pandemic, according to a person familiar with the situat...

https://www.businessinsider.in/finance/news/airbnb-backed-zeus-living-just-laid-off-30-percent-of-staff-as-the-coronavirus-upends-travel-and-hospitality-startups/articleshow/74801446.cms

SpotHero laid off workers: https://www.americaninno.com/chicago/inno-news-chicago/layoffs-at-spothero-as-demand-drops-due-to-coronavirus/

Layoffs at SpotHero as Demand Drops Due to Coronavirus

Chicago tech company SpotHero laid off a number of employees, citing a drop in business due to coronavirus.

https://www.americaninno.com/chicago/inno-news-chicago/layoffs-at-spothero-as-demand-drops-due-to-coronavirus/

This one is counterintuitive: Foodsby, a food delivery company in Minneapolis laid off a majority of its staff. “Our business only thrives when restaurants thrive and right now, restaurants in every community are hurting.” https://www.americaninno.com/minne/inno-news-minne/layoffs-at-foodsby-after-drop-in-business-from-coronavirus/

Coronavirus Layoffs: Foodsby 'Significantly Reduces' Workforce

Foodsby was forced to significantly reduce its workforce after struggling with restaurant closures related to the coronavirus outbreak.

https://www.americaninno.com/minne/inno-news-minne/layoffs-at-foodsby-after-drop-in-business-from-coronavirus/

Wonderschool laid off staff https://twitter.com/8ennett/status/1242635107292164101

https://twitter.com/8ennett/status/1242635107292164101

Vacasa laid off staff https://www.bizjournals.com/portland/news/2020/03/20/vacasa-announces-large-scale-layoffs-slashes.html

Vacasa starts layoffs, slashes executive pay amid COVID-19 travel drop

The high-profile Portland company's business is based on people's ability to travel. With travel restrictions and social distancing, the company has seen a drop in reservations.

https://www.bizjournals.com/portland/news/2020/03/20/vacasa-announces-large-scale-layoffs-slashes.html

Shift laid off, furloughed and cut pay for its staff of 250 https://www.protocol.com/coronavirus-shift-george-arison-advice

BuzzFeed cut employee pay https://www.thedailybeast.com/buzzfeed-slashing-employee-pay-amid-the-coronavirus-crisis

BuzzFeed Slashing Employee Pay Amid the Coronavirus Crisis

Some staffers, including executives, will see a nearly 25-percent pay cut. CEO Jonah Peretti confirmed he will not take a salary as the crisis continues.

https://www.protocol.com/coronavirus-shift-george-arison-advice

Clever, a St. Louis real estate startup, laid off staff. (Interesting URL...) https://www.bizjournals.com/stlouis/news/2020/03/25/this-sucks-st-louis-real-estate-startup-lays-off.html

OutboundEngine laid off 52 https://www.americaninno.com/austin/inno-news/52-layoffs-at-austin-tech-company-outboundengine/

Rangle laid off 78 https://betakit.com/rangle-temporarily-lays-off-78-employees-as-financial-pressures-from-pandemic-hit-cdntech/

Rangle temporarily lays off 78 employees as financial pressures from pandemic hit #CDNtech | BetaKit

Development agency Rangle has made the decision to temporarily layoffs 78 employees, as financial pressure from the COVID-19 global crisis grows.

https://www.bizjournals.com/stlouis/news/2020/03/25/this-sucks-st-louis-real-estate-startup-lays-off.html

I have not yet added these up, but there were already more than 8,000 ppl laid off this year BEFORE the virus arrived in the U.S. https://www.nytimes.com/2020/02/24/technology/tech-start-up-boom-deflate.html

As the Start-Up Boom Deflates, Tech Is Humbled

Layoffs. Shutdowns. Uncertainty. After a decade of prosperity, many hot young companies are facing a reckoning.

https://www.nytimes.com/2020/02/24/technology/tech-start-up-boom-deflate.html

O'Reilly Media laid off 75 (not a VC-backed startup, but in the universe) https://www.businessinsider.com/oreilly-media-layoffs-events-business-2020-3?utm_source=dlvr.it&utm_medium=twitter

O'Reilly Media, known for its influential open source conferences and books about coding, has laid...

O'Reilly Media, which hosts the Open Source Software Conference and publishes books on programming skills, had layoffs amid the coronavirus pandemic.

https://www.businessinsider.com/oreilly-media-layoffs-events-business-2020-3?utm_source=dlvr.it&utm_medium=twitter

Bird laid off 30% of staff https://techcrunch.com/2020/03/27/bird-lays-off-about-30-of-workforce-amid-covid-19-pandemic/

Bird lays off about 30% of workforce amid COVID-19 pandemic – TechCrunch

Bird is the latest startup hit by the COVID-19 pandemic. Today, Bird laid off about 30% of its employees amid the uncertainty caused by the coronavirus, TechCrunch has learned. “The unprecedented...

https://techcrunch.com/2020/03/27/bird-lays-off-about-30-of-workforce-amid-covid-19-pandemic/

Getaround laid off more staff, following a round of cuts from January. https://www.theinformation.com/briefings/f23eb5

Briefing: Troubled Getaround Lays Off More Staff

Struggling SoftBank-backed car rental startup Getaround laid off about 100 U.S.-based employees Thursday, two people familiar with the matter said. The cuts are the second instance of layoffs at...

https://www.theinformation.com/briefings/f23eb5

Knotel laid off and furloughed staff https://www.businessinsider.com/knotel-cuts-employees-as-coronavirus-hits-flexible-office-hard-2020-3

Flex-space startup Knotel just laid off 30% of workers and furloughed 20%

The coronavirus has shuttered offices across the country, leading to layoffs at other companies including Convene and WeWork.

https://www.businessinsider.com/knotel-cuts-employees-as-coronavirus-hits-flexible-office-hard-2020-3

Everlane laid off staff https://twitter.com/EverlaneU/status/1243598760153952256

https://twitter.com/EverlaneU/status/1243598760153952256

A legal tech start-up called DISCO laid off staff https://www.americaninno.com/austin/inno-news/layoffs-at-fast-rising-austin-startup-disco/

Layoffs at Austin Legal Tech Startup DISCO

Austin-based legal tech startup DISCO has cut its workforce in preparation for an economic downturn, the company confirmed Friday.

https://www.americaninno.com/austin/inno-news/layoffs-at-fast-rising-austin-startup-disco/

ZipRecruiter laid off hundreds https://www.businessinsider.com/ziprecruiter-cutting-hundreds-of-jobs-in-layoffs-from-coronavirus-2020-3

$1.5 billion ZipRecruiter just laid off hundreds only days after the CEO told employees the...

Companies globally are struggling with the immediate economic hit from the coronavirus, which has frozen operations across industries

https://www.businessinsider.com/ziprecruiter-cutting-hundreds-of-jobs-in-layoffs-from-coronavirus-2020-3

DataRobot laid off staff https://www.bizjournals.com/boston/news/2020/03/27/datarobot-cuts-workforce-as-coronavirus-roils.html

Textio laid off 30 https://www.geekwire.com/2020/textio-lays-off-30-amid-covid-19-seattle-startup-hopes-ai-writing-tech-will-aid-job-seekers/

Opal laid off 20 https://www.oregonlive.com/silicon-forest/2020/03/portland-marketing-technology-startup-opal-lays-off-20-amid-coronavirus-outbreak.html

Pivot3 laid off staff https://blocksandfiles.com/2020/03/27/hci-shop-pivot3-makes-significant-layoffs/

HCI shop Pivot3 makes significant layoffs – Blocks and Files

Hyperconverged startup Pivot3 is making significant layoffs as the pandemic has caused business to dry up. The company is making structural changes to control its costs and enable it to continue...

https://www.bizjournals.com/boston/news/2020/03/27/datarobot-cuts-workforce-as-coronavirus-roils.html

Rent the Runway laid off staff https://www.nytimes.com/reuters/2020/03/28/business/28reuters-health-coronavirus-rent-the-runway-layoffs.html

RigUp laid off 120 https://www.americaninno.com/austin/inno-news/austin-tech-unicorn-rigup-sheds-100-plus-jobs/

Bevi laid off 30 https://www.americaninno.com/boston/inno-news-boston/boston-hospitality-startups-downsize-as-the-coronavirus-disruption-continues/

Hospitality Startups Downsize Amid Coronavirus Disruption

Bevi and Alchemista have both laid off staff.

https://www.nytimes.com/reuters/2020/03/28/business/28reuters-health-coronavirus-rent-the-runway-layoffs.html

OneWeb filed for bankruptcy (raised billions from SoftBank and others) https://www.oneweb.world/media-center/oneweb-files-for-chapter-11-restructuring-to-execute-sale-process

OneWeb Files for Chapter 11 Restructuring to Execute Sale Process

Negotiating Debtor-in-Possession Financing to Support its Ongoing Business and a Sale Process

https://www.oneweb.world/media-center/oneweb-files-for-chapter-11-restructuring-to-execute-sale-process

Amplero shuts down https://www.geekwire.com/2020/canary-coal-mine-seattle-marketing-tech-startup-amplero-shuts-lays-off-17-employees/

‘Canary in a coal mine’: Seattle marketing tech startup Amplero shuts down, lays off 17 employees

The future was bright for Amplero. The Seattle marketing tech startup entered 2020 with positive momentum and plans to nearly triple its revenue. But then the COVID-19 outbreak brought the economy to…

https://www.geekwire.com/2020/canary-coal-mine-seattle-marketing-tech-startup-amplero-shuts-lays-off-17-employees/

Kabbage puts workers on furlough https://techcrunch.com/2020/03/30/smb-loans-platform-kabbage-to-furlough-a-significant-number-of-staff-close-office-in-bangalore/

SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore –...

Another tech unicorn is feeling the pinch of doing business during the coronavirus pandemic. Today, Kabbage, the Softbank-backed lending startup that uses machine learning to provide speedy and more...

https://techcrunch.com/2020/03/30/smb-loans-platform-kabbage-to-furlough-a-significant-number-of-staff-close-office-in-bangalore/

Thumbtack cut 250 employees. "No business operates with enough of a buffer to sustain prolonged revenue declines of 40%+ without making radical changes." https://blog.thumbtack.com/covid-19-small-businesses-and-us/

COVID-19, Small Businesses, and Us – Thumbtack Journal

COVID-19 has changed the entire world in a matter of weeks. Our lives have been turned upside down. Our economy has been hit from all sides. Our healthcare system is being pushed to the limit.

https://blog.thumbtack.com/covid-19-small-businesses-and-us/

The VC-backed company that makes Dirty Lemon beverages laid off staff https://www.businessinsider.com/coca-cola-backed-startup-iris-nova-layoffs-due-to-coronavirus-2020-3

Iris Nova, the buzzy direct-to-consumer startup backed by Coca-Cola, has laid off half its staff as...

The company took a hit when restaurants, hotels and bars that sell its drinks had to close due to the crisis.

https://www.businessinsider.com/coca-cola-backed-startup-iris-nova-layoffs-due-to-coronavirus-2020-3

Layoffs at Rover, the dog walking start-up https://twitter.com/Taylor_Soper/status/1245046574947782661

https://twitter.com/Taylor_Soper/status/1245046574947782661

Layoffs at Overtime Sports https://www.businessinsider.com/overtime-sports-lays-off-at-least-22-workers-without-severance-2020-4

Leaked memo reveals a sports media startup just laid off 22 people without severance or healthcare...

Overtime, the digital media startup backed by Andreessen Horowitz and Kevin Durant, has stated its ambition to be the "ESPN for Generation Z."

https://www.businessinsider.com/overtime-sports-lays-off-at-least-22-workers-without-severance-2020-4

Layoffs at Usermind https://www.geekwire.com/2020/seattle-marketing-software-startup-usermind-lays-off-15-employees/

Seattle marketing software startup Usermind lays off 15 employees

The layoffs continue hitting tech companies. Seattle marketing software startup Usermind said today it cut 15 employees due to economic impact from the COVID-19 crisis. Usermind has 61 employees…

https://www.geekwire.com/2020/seattle-marketing-software-startup-usermind-lays-off-15-employees/

Layoffs at Showtime https://www.americaninno.com/chicago/inno-news-chicago/showpad-lays-off-52-employees-globally-18-in-chicago/

Showpad Lays Off 52 Employees Globally, 18 in Chicago

Showpad is the latest Chicago tech company to lay off employees.

https://www.americaninno.com/chicago/inno-news-chicago/showpad-lays-off-52-employees-globally-18-in-chicago/

Poppin furniture CEO Randy Nicolau says on a virtual panel that his company did significant layoffs Monday. (haven't seen that reported elsewhere yet)

Latest Threads Unrolled: