Rapid Layoffs
Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)
2
Layoff rounds
185
Employees laid off
Series D
Funding stage
$272M
Total raised
Rapid has 2 publicly reported layoff rounds on record (most recent April 25, 2023). A total of about 185 employees were affected across these rounds.
Layoff history
April 25, 2023
Rapid cut 115 employees (50% of staff)
Rapid disclosed a workforce reduction affecting its SF Bay Area operations in April 25, 2023. Approximately 115 roles were eliminated.
Source: techcrunch.com
April 25, 2023
Rapid cut 70 employees (30% of staff)
Rapid disclosed a workforce reduction affecting its SF Bay Area operations in April 25, 2023. Approximately 70 roles were eliminated.
Source: techcrunch.com
Data for Rapid is compiled from public WARN Act filings and reporting linked above. See our methodology.