January 13, 2023  SEONews

Jellyfish cuts 9% of workforce ‘in light of the economic outlook’ – The Business Journals

A Boston software company, which has said it wants to do for engineering what Salesforce did for sales, has made a round of layoffs.

A Jellyfish spokesperson confirmed to BostInno that 9% of its workforce is being cut “in light of the economic outlook,” but declined to answer further questions.

“While the business has grown more than 100% this last year, a reorganization was important to better focus our resources for the coming year. We are fully committed to supporting and partnering with the best engineering teams in the world,” a spokesperson wrote in an emailed statement.

Last summer, the company reportedly had over 175 workers. A Jellyfish employee who posted on LinkedIn that she was impacted by the layoffs wrote that Jellyfish’s entire commercial team was being cut. She did not immediately respond to a request for comment.

Jellyfish was co-founded in 2017 by Philip Braden, David Gourley and Andrew Lau. The co-founders met at Endeca, a Cambridge-based search engine technology…

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source: https://news.oneseocompany.com/2023/01/13/jellyfish-cuts-9-of-workforce-in-light-of-the-economic-outlook-the-business-journals_2023011339204.html

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