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dbt Labs
Laid off 24% (900+) after SF pedestrian incident. Operations suspended. CEO Kyle Vogt resigned.
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dbt Labs โ Worker Treatment: OPPOSED Laid off 24% (900+) after SF pedestrian incident. Operations suspended. CEO Kyle Vogt resigned. https://reciepts.tech/stance/447
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See all โdbt 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.