Byrd plans to lay off 23% of employees

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Joint micromobility company Bird plans to lay off 23% of its staff. according to tech layoff tracker Layoffs.fyi.

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The tech tracker attributes the layoff news to an internal memo, but some LinkedIn posts from ex-Bird employees confirm the news.

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We don’t feel like talking about it, but we anticipated it, and not just because of the mass layoffs in the tech space. 16,000 tech workers lost their jobs last month. When In May, Bird disclosed its earnings for the first quarter of 2022the company said it plans to “optimize and consolidate its resources in relation to its core business” to move closer to profitable margins.

Part of this plan was manifested in Bird’s suspension of its retail operations – Bird previously promoted sales of its own e-bikes and e-scooters. But as we reported last month, layoffs were also to be expected.

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Last month, Bird did not confirm whether layoffs were expected in the company’s future and did not respond in a timely manner to requests for more information from TechCrunch.

At the time of this writing, Byrd has 1,041 employees on LinkedIn, though that number has likely dropped since the release of an internal memo. However, 23% of 1041 means that around 240 Bird workers will be looking for work. Layoffs.fyi shows that most of the layoffs will take place in Los Angeles, but TechCrunch is still working on confirmation.

It’s not the first time, Bird which became public via SPAC In November last year, mass layoffs had to be resorted to. Just over two years ago, at the start of the COVID-19 pandemic, Bird also fired 30% of its employees.or about 406 people.

This story is still evolving. Keep for updates.




Credit: techcrunch.com /

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