#172 on the board

D

Outreach

CompanyConcerning38/100low confidence · 3 issues
2 opposed1 supported

Receipts

3

Against

2

Sales engagement platform.

IndustrySaaSFounded2014Headcount1,200+Raised$489M · Series Goutreach.io

The receipts (3)

Opposed📉LayoffsNov 2024

Outreach conducted four rounds of layoffs between February 2023 and November 2024, totaling approximately 285 employees: 70 (7%) in February 2023, 50 (5%) in August 2023, 100 (12%) in September 2023, and 65 (9%) in November 2024. CEO Manny Medina blamed "lower demand due to layoffs across the tech sector" since the software operates on a per-user basis. Medina stepped down as CEO in September 2024.

News✓ VerifiedShare ↗
Supported🌈DEIJan 2023

Outreach founder Manny Medina, an immigrant from Ecuador, built DEI as a core company value. The leadership team is 50% women. At Unleash 2023, the company featured sessions on "how to advance DEI on a global scale" with People and Culture Executive Pamela Mattsson discussing how to "intentionally champion women and people of color in sales." Employees rated diversity and inclusion 3.7 out of 5.

News✓ VerifiedShare ↗