Old unemployment queue
Workplace

What you need to know as a startup leader about dealing with redundancies

- July 14, 2023 4 MIN READ

Most of Australia’s startup founders launch their businesses with the best of intentions, but the past year has been challenging with consistent and widespread redundancies. It’s understandable that signs the VC funding market might be starting to thaw would inspire hope that the worst of the tech wreck is over. However, we think founders should… Read more »

Airtasker CEO Tim Fung
ASX

Jobs marketplace Airtasker cuts staffing by 20%, shedding 45 jobs in push to turn cashflow around

- April 28, 2023 2 MIN READ

ASX-listed jobs marketplace Airtasker is the latest tech company to swing the scythe through its workforce, cutting 45 jobs – around 20% of its overall headcount – as part of a drive to become cashflow positive in the 2024 financial year. The redundancies are primarily in non-revenue generating functions the company (ASX: ART) said, releasing… Read more »

Atlassian Scott Farquhar
Business

Atlassian cuts 500 jobs in a ‘rebalance’

- March 7, 2023 3 MIN READ

Workplace software giant Atlassian is cutting around 5% of its workforce – 500 staff – with co-CEOs Scott Farquhar and Mike Cannon-Brookes say they “are deeply sorry”. The job losses comes just four months after Farquhar embarked on a high-profile national tour last October to recruit more than 1000 people for new R&D roles. In… Read more »

Baraja
Business

Self-driving tech startup Baraja just shed 75% of its workforce

- February 13, 2023 2 MIN READ

Sydney autonomous driving technology startup Baraja has sacked around 75% of its workforce. The layoffs come just a month after the business received an undisclosed level of investment from Swedish automotive safety company Veoneer, which Baraja CEO and cofounder Federico Collarte said “validates the market traction” of the business. Baraja was founded in 2015 by… Read more »

Sydney
Business

Digital twin startup Willow cuts 99 staff on Christmas eve, just a week after raising $42 million

- December 23, 2022 2 MIN READ

Nearly 100 staff at real estate and infrastructure digital twin startup will be looking for next jobs in the new year after the company cut 22% full-time employees and contractors, less than 10 days after announcing it had raised US$28.8 million (A$42m). The Sydney- and US-based startup is backed and chaired by former Macquarie CEO Nicholas… Read more »