Opposed📉LayoffsMarch 1, 2023

BambooHR

Laid off 34% (260+) in 2023. Stock crashed 98% from peak. Platform collapsed.

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BambooHR — Layoffs: OPPOSED

Laid off 34% (260+) in 2023. Stock crashed 98% from peak. Platform collapsed.

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Opposed📉LayoffsFeb 2024

BambooHR laid off 15% in 2024. HR software cutting costs.

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Supported👷Worker TreatmentJan 2023

BambooHR was named a Fortune Best Workplace for Women (2023, ranked #74), Fortune Best Workplaces in Technology (2023, ranked #26), and Great Place to Work certified with 89% of employees rating it a great place to work. The Utah-based HR software company offers "paid paid vacation" ($2,000 bonus for vacation) and discourages working long hours at the expense of family. Founders Ben Peterson and Ryan Sanders built the company on work-life balance principles.

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