https://layoffcheck.com/companies/handshake Layoff and WARN notices reported for Handshake. en-us https://layoffcheck.com/companies/handshake#2025-10 https://layoffcheck.com/companies/handshake#2025-10-236 Tue, 14 Oct 2025 12:00:00 GMT Handshake cut 100 employees in mid-October 2025, 15% of its 650-person U.S. workforce, as CEO Garrett Lord declared the company was undergoing a "refounding" centered on its fast-growing AI division. That AI business hit $100 million in annual recurring revenue in under eight months and was expected to surpass Handshake's core recruiting platform by year-end, with combined ARR projected at $300 million by December 2025. Lord did not soften the rationale: "Winners and losers are being defined right now. If we don't go all-in, we are going to get lapped, because someone else will." Affected workers received larger severance packages. The company also removed one-year equity cliffs for newer employees and extended option exercise windows for longer-tenured staff. https://layoffcheck.com/companies/handshake#2020-05 https://layoffcheck.com/companies/handshake#2020-05-4015 Tue, 05 May 2020 12:00:00 GMT Handshake reported a workforce reduction in SF Bay Area in May 5, 2020.