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HomeStartup LayoffsMarch 2023 › Avidbots

Avidbots lays off 50 employees — March 14, 2023

Avidbots, a hardware company based in Canada, laid off 50 employees on March 14, 2023. At the time, the company was at the Series C stage. The layoff was reported by this source.

Company
Avidbots
Employees laid off
50
Date
March 14, 2023
Industry
Hardware
Country
Canada
Company stage
Series C
Total raised (pre-layoff)
$106M

Source: https://www.therecord.com/business/2023/03/14/very-difficult-decision-kitchener-robotics-firm-avidbots-confirms-layoffs.html

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