Bolt Layoffs

Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)

Layoff rounds

307

Employees laid off

Series E

Funding stage

$1.3B

Total raised

Bolt has 5 publicly reported layoff rounds on record between May 25, 2022 and April 5, 2026. A total of about 307 employees were affected across these rounds.

Layoff history

April 5, 2026

Bolt cut 33% of its workforce

33% of workforce Location SF Bay Area

Bolt disclosed a workforce reduction affecting its SF Bay Area operations in April 5, 2026.

Source: pymnts.com

December 14, 2023

Bolt cut 29% of its workforce

29% of workforce Location SF Bay Area

Bolt disclosed a workforce reduction affecting its SF Bay Area operations in December 14, 2023.

Source: theinformation.com

February 21, 2023

Bolt cut 17 employees

17 laid off Location Lagos

Bolt disclosed a workforce reduction affecting its Lagos operations in February 21, 2023. Approximately 17 roles were eliminated.

Source: techpoint.africa

January 24, 2023

Bolt cut 50 employees (10% of staff)

50 laid off 10% of workforce Location SF Bay Area

Bolt disclosed a workforce reduction affecting its SF Bay Area operations in January 24, 2023. Approximately 50 roles were eliminated.

Source: theinformation.com

May 25, 2022

Bolt cut 240 employees (27% of staff)

240 laid off 27% of workforce Location SF Bay Area

Bolt disclosed a workforce reduction affecting its SF Bay Area operations in May 25, 2022. Approximately 240 roles were eliminated.

Source: forbes.com

Data for Bolt is compiled from public WARN Act filings and reporting linked above. See our methodology.