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Opposed๐Ÿ“‰LayoffsFebruary 1, 2024

BambooHR

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

Source: Company Websiteโœ“ VerifiedRead the source

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BambooHR โ€” Layoffs: OPPOSED

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

https://reciepts.tech/stance/628

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Opposed๐Ÿ“‰LayoffsMar 2023

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

Company Websiteโœ“ VerifiedShare โ†—

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.

Newsโœ“ VerifiedShare โ†—