Bluevine Layoffs
Industry Finance · Location Tel Aviv · Israel · Subscribe (RSS)
Bluevine has 2 publicly reported layoff rounds on record between June 20, 2024 and December 10, 2024. A total of about 100 employees were affected across these rounds.
Layoff history
Small-business banking platform Bluevine cut 100 employees in December 2024, equal to 18% of its roughly 550-person global workforce, marking the company's second round of job cuts within six months. The first reduction came in June 2024. About 30 of the affected roles were in Israel, where the company is headquartered and maintains its primary R&D center. Management said the changes were needed to 'adapt to changes in the global market' and continue executing on the company's long-term strategy. Bluevine said it would help those affected find new positions. No financial results or fundraising updates accompanied the announcement, and no severance terms were disclosed.
Reason: adapting to global market changes, cost efficiency
Source: calcalistech.com
Bluevine disclosed a workforce reduction affecting its Tel Aviv operations in June 20, 2024.
Source: calcalistech.com
Data for Bluevine is compiled from public WARN Act filings and reporting linked above. See our methodology.