BuzzFeed News, which has broken just about every story about Zenefits, has another today with the news that new CEO Jay Fulcher this morning announced the cuts to staff this morning. From the BuzzFeed article:
[I]Zenefits will lay off 45% of its employees in an effort to slash costs, according to an internal memo this morning that was obtained by BuzzFeed News, a stark acknowledgment by the embattled human resources startup that its onetime expectations for growth were vastly inflated.
Roughly 430 workers will be cut, including 250 in Zenefits’ San Francisco headquarters and 150 in its o
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[I]Zenefits will lay off 45% of its employees in an effort to slash costs, according to an internal memo this morning that was obtained by BuzzFeed News, a stark acknowledgment by the embattled human resources startup that its onetime expectations for growth were vastly inflated.
Roughly 430 workers will be cut, including 250 in Zenefits’ San Francisco headquarters and 150 in its o
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