Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

Briefing

Recruiting Startup Gem Cuts a Third of Workforce

By
Mahira Dayal
· · Source: The Information

Gem, a Greylock-backed startup that provides recruiting software, laid off a third of its workforce, or around 100 people, on Tuesday. The company cited macroeconomic pressures, according to two former employees who cited an email from the company outlining the layoffs. “With so many businesses slowing down or pausing hiring, we’ve needed to adjust our plans to ensure the business remains...

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