Top Hat Layoffs

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3
Layoff rounds
93
Employees laid off
Series D
Funding stage
$104M
Total raised

Top Hat has 3 publicly reported layoff rounds on record between May 12, 2020 and February 2, 2024. A total of about 93 employees were affected across these rounds.

Layoff history

February 2, 2024
Top Hat cut 35 employees (7% of staff)
35 laid off 7% of workforce Location Toronto

Top Hat disclosed a workforce reduction affecting its Toronto operations in February 2, 2024. Approximately 35 roles were eliminated.

Source: betakit.com

August 4, 2023
Top Hat cut 42 employees (7% of staff)
42 laid off 7% of workforce Location Toronto

Top Hat disclosed a workforce reduction affecting its Toronto operations in August 4, 2023. Approximately 42 roles were eliminated.

Source: betakit.com

May 12, 2020
Top Hat cut 16 employees (3% of staff)
16 laid off 3% of workforce Location Toronto

Top Hat disclosed a workforce reduction affecting its Toronto operations in May 12, 2020. Approximately 16 roles were eliminated.

Source: betakit.com

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