Layoffs Fidelity Investments

[LIVE] Tracking all tech startup layoffs — and lists of employees laid off — since COVID-19. This page is constantly being updated.

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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.

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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 ...

TripAdvisor becomes the latest travel company to conduct layoffs post COVID-19, joining Sonder (400 employees laid off), TripActions (300 employees), TravelTriangle (250 employees), and Fareportal (200 employees). Two-thirds of all startup layoffs since the coronavirus pandemic have come from industries directly affected by shelter-in-place orders.

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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 ...

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Despite the froth, layoffs are unfortunately still happening. I won’t be turning Layoffs.fyi into IPO.fyi anytime soon (plus, someone already registered it 2 weeks ago ). Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.