Electric Lays off 141 employees


Electric named company recently announced 141 employees layoff which means around 25% workforce compare to its overall headcount.

The company said, ā€ We have decided to reduce the size of the Electric team by 25% and we will be saying goodbye to 141 Electrons. If you are one of those employees, you will receive an email with 1:1 time on your calendar today. Your manager and a member of our People team will share details, next steps, and support resources.ā€

The last time we shared news like this I hoped it would be the first and only time we would have to announce a layoff. Iā€™m truly and deeply sorry for this and acknowledge that in the context of previous layoffs in August and continued shifts in the tech market overall that this can be even more unsettling.

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