Tracking Layoffs: Thumbtack Cuts 14% of Workforce
Written by Shelley D. FargoPublished Jul. 12, 2022 • 12:17pm
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The California Employment Development Department seen on Tuesday, May 19, 2020, in San Francisco. | Liz Hafalia/The San Francisco Chronicle via Getty Images
Thumbtack announced it would cut 14 percent of its employees to reduce operating costs as a result of the economic downturn. The staff reduction could result in as many as 140 jobs lost for the SF-based home services site.
The move comes as SF firms OutSchool and Komodo Health also announced layoffs this week. The surge of November and December cuts round out a year of post-pandemic adjustments for SF companies.
In total, The Standard has tracked more than 24,000 layoffs in San Francisco for 2022.
Read the table below for the full list of organizations that have cut workers.
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