Beamery announced a 12% workforce from their company which means around 54 employees from their total employee headcount.
In the company email, Beamery got more specific, referring to the inflation and energy crises, high-interest rates, and “sparser startup funding” as the main drivers behind its decision. The startup also points out that it had engaged in a number of cost-cutting measures across its business, including with regards to executive bonuses, but that the layoffs are needed to prep Beamery for a “sustainable future”.
According to LinkedIn, Beamery employs close to 450 people, primarily in the UK and the US at present. A 12% staff reduction would thus mean more than 50 people will need to start looking for a new job in the following weeks. It’s unclear what the company has offered departing staff members.