https://layoffcheck.com/companies/bench Layoff and WARN notices reported for Bench. en-us https://layoffcheck.com/companies/bench#2025-05 https://layoffcheck.com/companies/bench#2025-05-370 Thu, 01 May 2025 12:00:00 GMT Bench reported a workforce reduction in SF Bay Area in May 1, 2025. https://layoffcheck.com/companies/bench#2024-12 https://layoffcheck.com/companies/bench#2024-12-507 Fri, 27 Dec 2024 12:00:00 GMT Bench, the Vancouver-based bookkeeping startup, abruptly shut down on December 27, 2024, laying off its entire staff of more than 600 employees and locking out its 35,000 small-business customers without warning. The company had raised $113 million from investors including Shopify and Bain Capital Ventures, with its last funding round, a $60 million Series C, closing in 2021. Co-founder Ian Crosby, who had been ousted as CEO, alleged the board replaced him with 'a new professional CEO' and steered the company in a direction that led to the collapse, writing that he hoped the story 'goes on to become a warning for VCs that think they can upgrade a company by replacing the founder.' Customers were given until December 30 to download their financial data, with read-only access extended through March 2025. https://layoffcheck.com/companies/bench#2020-03 https://layoffcheck.com/companies/bench#2020-03-4355 Fri, 27 Mar 2020 12:00:00 GMT Bench reported a workforce reduction in Vancouver in March 27, 2020.