DocuSign
Announced plans to eliminate 6% of its workforce, largely impacting the company’s sales and marketing divisions.
Snap
Announced plans to cut 10% of its workforce, impacting roughly 500-plus employees, in an effort to “reduce hierarchy.”
Polygon Labs
Has laid off 60 employees, or about 19% of its staff, CEO Marc Boiron announced in a blog post.
Okta
Is laying off approximately 400 employees. The layoffs come almost exactly a year to the day after Okta announced plans to cut about 300 employees.