- Lemonade – The insurtech company laid off 18% of its workforce as part of a restructuring plan aimed at improving efficiency and reducing costs.
- Zalando – The German e-commerce fashion platform announced a reduction of 10% of its employees, citing the need to adapt to changing market conditions.
- Olo – The food ordering company cut 7% of its workforce, focusing on streamlining operations in light of slower growth.
- Hootsuite – The social media management platform has laid off approximately 15% of its staff, aiming to prioritize its core product offerings amid challenging market dynamics.
- Figma – This design software company reduced its workforce by 10%, citing the need to align resources with long-term strategic goals.
For further details on these layoffs and more, you can check the complete list on Layoffs.fyi