#261 on the board

C

Gusto

CompanyMixed record50/100low confidence · 3 issues
1 opposed1 mixed1 supported

Receipts

3

Against

1

Flagged on

Payroll and HR platform for small businesses.

IndustryHR TechFounded2011Headcount2,500+Raised$746M · Series Egusto.com

The receipts (3)

Supported🤖AI EthicsSep 2024

Gusto launched "Gus" AI assistant in September 2024 to help small business owners with compliance questions, and in 2026 launched "Cofounder," an agentic AI for payroll, HR, and benefits. Fast Company named Gusto Most Innovative Company in HR for 2025. The company openly discusses AI ethics concerns around copyright and creative ownership, advising business owners to stay current on AI governance regulations.

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Opposed📉LayoffsFeb 2023

Gusto laid off 8% in 2023. Payroll startup cutting costs.

Company Website✓ VerifiedShare ↗

Gusto's February 2023 layoff impacted 126 employees (~5% of workforce). Affected employees received 12-16 weeks base salary and 3-4 months COBRA coverage. However, a November 2024 Glassdoor review cited ongoing layoffs across departments, and an August 2025 report described an employee terminated on their exact 1-year anniversary, losing their entire first year's RSU grant due to vesting schedule.

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