Restaurant365 Layoffs

Industry Food · Location Los Angeles · United States · Subscribe (RSS)

2
Layoff rounds
275
Employees laid off
Series C
Funding stage
$127M
Total raised

Restaurant365 has 2 publicly reported layoff rounds on record between March 27, 2020 and August 14, 2025. A total of about 275 employees were affected across these rounds.

Layoff history

August 14, 2025
Restaurant365 cut 100 employees (9% of staff)
100 laid off 9% of workforce Location Los Angeles

Restaurant365, a back-office software provider for restaurant chains, cut roughly 100 jobs in August 2025, about 9% of its roughly 1,100-person workforce. CEO Tony Smith told staff in an email that the company had set aggressive growth targets for the year, staffed up to meet them, then fell short. The reductions were framed as necessary to control cash flow and make progress toward profitability. Smith wrote that "these adjustments are required to ensure the future health of the company." Cuts touched all departments, bringing headcount to around 1,000.

Reason: missed growth targets, cost control toward profitability

Source: restaurantbusinessonline.com

March 27, 2020
Restaurant365 cut 175 employees
175 laid off Location Los Angeles

Restaurant365 disclosed a workforce reduction affecting its Los Angeles operations in March 27, 2020. Approximately 175 roles were eliminated.

Source: news.crunchbase.com

Data for Restaurant365 is compiled from public WARN Act filings and reporting linked above. See our methodology.