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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

Drata
The security compliance platform has laid off 9% of its workforce, impacting 40 employees.

Moov
Reportedly laid off upwards of 50 employees, though Moov itself has not yet confirmed the layoffs.

FreightWaves
Eliminated 16 jobs in sales, HR, and marketing, citing a significant downturn in the freight market.

Northvolt
Is cutting 25% of its global workforce in an effort to cut costs. The layoffs impact upwards of 1,600 employees at the battery giant.

Olo
Is reducing its workforce by 9%, impacting roughly 50 employees, as it aims to fund future growth initiatives.

Healthy.io
Cut 40 employees across its markets in the U.S., the UK, and Israel. The cuts come after the Israeli healthtech firm laid off 70 employees in 2023.