Posts tagged "australia startup redundancies"

Australian digital menu startup Mr Yum has announced its second round of layoffs in the space of a year, ending the employment of "approximately 40 staff" members worldwide in an attempt to steer the business towards profitability.

The layoffs might seem to be running counter to these values, but they’re happening against an established track record. Smaller tech companies don’t have the luxury of a track record.

Xero is the latest tech company to make major staff cuts, following Atlassian earlier this week, shedding roughly 15% of its workforce.

Aussie ‘larrikin unicorn’ Culture Amp has laid off 8% of its workforce, CEO Didier Elzinga has confirmed, as the startup feels the effects of COVID-19.