Eaze Layoffs
Industry Consumer · Location SF Bay Area · United States · Subscribe (RSS)
Eaze has 2 publicly reported layoff rounds on record between June 1, 2022 and October 7, 2024. A total of about 525 employees were affected across these rounds.
Layoff history
California's largest cannabis delivery service, Eaze, announced in October 2024 that it was winding down operations and laying off approximately 500 workers, with full closure expected by December 31, 2024. The company's assets had been foreclosed on by its lenders on August 6, 2024, and sold at auction for $56 million to FoundersJT, a firm tied to Netscape co-founder James Clark. CEO Cory Azzalino cited "the ongoing challenges of the California cannabis market" as the driving force behind the collapse. Once valued at $700 million and backed by $255 million in venture capital, including an investment from Snoop Dogg, Eaze had branded itself as the "Uber of Weed." At the time of closure, the company said new owners were weighing whether to reopen operations under a different corporate structure.
Reason: lender foreclosure, California cannabis market challenges
Source: sfgate.com
Eaze disclosed a workforce reduction affecting its SF Bay Area operations in June 1, 2022. Approximately 25 roles were eliminated.
Source: businessinsider.com
Data for Eaze is compiled from public WARN Act filings and reporting linked above. See our methodology.