Posted on August 04, 2022
Atlanta startup Terminus confirmed it will be laying off "a small percentage" of employees a year after raising $90 million and garnering attention as a possible unicorn.
The layoffs are part of a restructuring, a Terminus spokesperson confirmed to Atlanta Inno. It is unclear exactly how many employees are being laid off. A LinkedIn post by a former employee stated that 15% of Terminus’ workforce are affected. In March of 2021, the company had 200 employees with plans of hiring an additional 50. It has offices in Atlanta, Indianapolis and London.
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