https://layoffcheck.com/companies/eaze Layoff and WARN notices reported for Eaze. en-us https://layoffcheck.com/companies/eaze#2024-10 https://layoffcheck.com/companies/eaze#2024-10-606 Mon, 07 Oct 2024 12:00:00 GMT 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. https://layoffcheck.com/companies/eaze#2022-06 https://layoffcheck.com/companies/eaze#2022-06-3604 Wed, 01 Jun 2022 12:00:00 GMT Eaze reported a workforce reduction in SF Bay Area in June 1, 2022.