dbt Labs

Laid off 24% (900+) after SF pedestrian incident. Operations suspended. CEO Kyle Vogt resigned.

Robotaxi dragged pedestrian 20 feet. Company initially withheld video. Safety failures documented.

dbt Labs laid off 15% of staff (66 employees) in May 2023 after a January 2023 cut of 7 employees. CEO Tristan Handy called 2023 "a challenging year for many within the software space." The company offered 12 weeks severance, 3 months COBRA, equity vesting cliff removal, and 1-year exercise extension. By 2025, dbt Labs had recovered to 869 employees with net-new ARR more than doubled versus 2024.