Electric Layoffs

Industry Other · Location New York City · United States · Subscribe (RSS)

2
Layoff rounds
222
Employees laid off
Series D
Funding stage
$212M
Total raised

Electric has 2 publicly reported layoff rounds on record between August 30, 2022 and February 13, 2023. A total of about 222 employees were affected across these rounds.

Layoff history

February 13, 2023
Electric cut 141 employees (25% of staff)
141 laid off 25% of workforce Location New York City

Electric disclosed a workforce reduction affecting its New York City operations in February 13, 2023. Approximately 141 roles were eliminated.

Source: electric.ai

August 30, 2022
Electric cut 81 employees
81 laid off Location New York City

Electric disclosed a workforce reduction affecting its New York City operations in August 30, 2022. Approximately 81 roles were eliminated.

Source: electric.ai

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