Posted on August 03, 2022
Digital archivist Smarsh began laying off an unspecified number of employees this week, cutbacks the Portland company described as a “difficult but necessary decision to right-size our workforce” after a period of expansion.
Privately held Smarsh stores emails, text messages, and other digital communication. Its clients include financial institutions and other organizations that must retain electronic communication to comply with regulatory standards or for potential litigation.
Unemployment is near record lows in Oregon and across the country and businesses are well into their second year of an acute labor shortage, a crunch that is particularly severe in the tech sector and other highly specialized industries.
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