Submittable laid off 30 employees as university clients shut down operations

Submittable, which helps organizations collect and review applications online, laid off 30 employees (20%) in late April. It had 2,000 clients tied to universities, which have been shutting down operations due to COVID-19. The company’s CEO said that the longer the company held off on its layoff, the less severance it would’ve been able to offer. Laid-off employees will receive 1-2 months of severance pay.

*Source: https://layoffs.fyi/2020/05/15/submittable-laid-off-30-employees-as-university-clients-shut-down-operations/