https://layoffcheck.com/companies/justworks Layoff and WARN notices reported for Justworks. en-us https://layoffcheck.com/companies/justworks#2025-02 https://layoffcheck.com/companies/justworks#2025-02-451 Mon, 10 Feb 2025 12:00:00 GMT Justworks reduced its headcount by nearly 200 people on February 10, 2025, around 15% of its workforce, as CEO Mike Seckler acknowledged the company had expanded based on assumptions that did not hold. Seckler said Justworks had mistakenly expected white-collar small businesses to return to pre-pandemic hiring levels. Because the HR platform earns revenue on a per-employee-per-month basis, sluggish hiring among small business customers created a lasting headwind. The company also scaled back ambitions around new product launches and international expansion. Departing employees received 12 weeks of base pay plus two additional weeks for every year of service beyond four years, an accelerated equity vesting cliff waiver, an extended option exercise window, and three months of COBRA health coverage with an additional month per year of service beyond four years.