Miro Layoffs
Industry Other · Location SF Bay Area · United States · Subscribe (RSS)
Miro has 2 publicly reported layoff rounds on record between February 2, 2023 and October 30, 2024. A total of about 394 employees were affected across these rounds.
Layoff history
Miro, the collaborative whiteboard startup valued at $17.5 billion, laid off around 275 employees in October 2024, cutting 18% of its global workforce. CEO Andrey Khusid cited organizational sprawl rather than financial distress: "Our internal organizations have become too complex, we have too many layers, some duplications in roles, and candidly, we're not set up to execute on our strategy with the speed and flexibility that success will require." The company had been profitable and had not raised venture capital since a $400 million Series C in 2021, but faced mounting competitive pressure in the crowded productivity and collaboration software market. Former employees pointed to unclear product direction as Miro tried to expand beyond its core whiteboard tool, having grown its headcount aggressively relative to its roughly $600 million in annual revenue. The October cuts were the company's second round of reductions in roughly two years, following 119 jobs eliminated in February 2023. No severance details were made public.
Reason: Organizational complexity, management layers, competitive pressure
Source: theinformation.com
Miro disclosed a workforce reduction affecting its SF Bay Area operations in February 2, 2023. Approximately 119 roles were eliminated.
Source: miro.com
Data for Miro is compiled from public WARN Act filings and reporting linked above. See our methodology.