According to reports from the media on Thursday, the e-commerce marketing automation platform Klaviyo, which is based in the United States, has fired nearly 10 percent of its workforce.
According to TechCrunch, which cited unnamed sources, the incident has affected approximately 140 employees across all teams, including engineering and design.
The director of public relations for Klaviyo, Lacey Berrien, sent out an email confirming the layoffs and adding that their “focus is supporting the departing Klaviyos who made meaningful contributions to the company.”
According to what was reported about the company, they were quoted as saying, “After careful consideration, we have made the difficult decision to reduce our overall workforce in an effort to reduce redundancy and recalibrate Klaviyo’s areas of investment for the future.”
Klaviyo is the most recent technology company to join the growing list of businesses in the sector that have disclosed plans to conduct widespread layoffs in 2023.
Zscaler, a cybersecurity company based in the United States, announced earlier this month that it would be laying off approximately three percent of its workforce due to the challenging macroeconomic situation.
The company estimated that approximately 177 employees would be affected by the job cuts.
In addition, the software consultancy company Thoughtworks has declared that it will be laying off nearly 500 employees, which accounts for 4% of its global workforce, in order to reduce costs in response to the current state of the global macroeconomic environment.
Thoughtworks, which is traded on the Nasdaq stock exchange, has more than 12,500 employees located in 18 different countries. Additionally, the company maintains a robust presence in the country of India.
According to reports from the media on Thursday, the e-commerce marketing automation platform Klaviyo, which is based in the United States, has fired nearly 10 percent of its workforce.
According to TechCrunch, which cited unnamed sources, the incident has affected approximately 140 employees across all teams, including engineering and design.
The director of public relations for Klaviyo, Lacey Berrien, sent out an email confirming the layoffs and adding that their “focus is supporting the departing Klaviyos who made meaningful contributions to the company.”
According to what was reported about the company, they were quoted as saying, “After careful consideration, we have made the difficult decision to reduce our overall workforce in an effort to reduce redundancy and recalibrate Klaviyo’s areas of investment for the future.”
Klaviyo is the most recent technology company to join the growing list of businesses in the sector that have disclosed plans to conduct widespread layoffs in 2023.
Zscaler, a cybersecurity company based in the United States, announced earlier this month that it would be laying off approximately three percent of its workforce due to the challenging macroeconomic situation.
The company estimated that approximately 177 employees would be affected by the job cuts.
In addition, the software consultancy company Thoughtworks has declared that it will be laying off nearly 500 employees, which accounts for 4% of its global workforce, in order to reduce costs in response to the current state of the global macroeconomic environment.
Thoughtworks, which is traded on the Nasdaq stock exchange, has more than 12,500 employees located in 18 different countries. Additionally, the company maintains a robust presence in the country of India.
