Click here to join our community of experts to get information on job search, salaries and more.

factory
Career Karma
corporate_fare
where_to_vote
paid
Funding Stage -
person
Layoff Count -

Posted on August 03, 2022

Career Karma conducts layoffs as tech jobs face a massive stress test

Career Karma conducts layoffs as tech jobs face a massive stress test

Learning navigation platform Career Karma has laid off 60 people across its United States and global teams, CEO and co-founder Ruben Harris confirmed to TechCrunch. While he did not share the percentage total of those impacted, sources say a third of staff was let go.

C-suite was not impacted by the workforce reduction, Harris said. The startup, founded in 2018 by Harris, Artur Meyster and Timur Meyster, links students to learning bootcamps and educational programs that fit their career and upskilling goals. The end goal of the startup is to on-ramp more folks into tech jobs, a world that we all know is under significant duress right now.

According to sources, the layoff happened earlier this week and heavily impacted folks on the marketing and recruitment team. Harris confirmed that Career Karma now has over 3 years of runway to keep operating, without needing a funding round, following the layoff.

source_