E-commerce company CommerceHub laid off 371 employees Monday, including some employees in the Capital Region. The Latham-based company said in a statement that the global layoffs were a result of its November acquisition of ChannelAdvisor Corp.
“Moving the business forward after the acquisition brings a lot of opportunity, but with that comes the unfortunate reality that across the two organizations, we will inevitably have redundancies and areas that need to be realigned, with consideration to an uncertain global economic outlook,” a company spokesperson said in a statement.
It’s unclear how many Albany-area workers were impacted by the announcement, but some Capital Region employees from CommerceHub took to LinkedIn to announce they’d been laid off.
