Founded in 2012, the company has more than 1,500 employees worldwide.Īfter being laid off, Lucy Acevedo, a customer success manager who was employed at Klaviyo for two years posted on LinkedIn: "We were quickly told in a 15-minute meeting that 'after careful consideration, we have made the difficult decision to reduce our overall workforce in an effort to reduce redundancy and recalibrate Klaviyo's areas of investment for the future.'"
The company cut 140 jobs Wednesday, accounting for approximately 9% to 12% of its workforce. The Boston-based tech business provides data-driven marketing tools to companies to better understand consumer behavior and grow on their own terms. Klaviyo has become the latest technology company to diminish its workforce.
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