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Jump lays off 500 employees — May 7, 2020

Jump, a transportation company based in United States, laid off 500 employees on May 7, 2020. At the time, the company was at the Acquired stage. The layoff was reported by this source.

Company

Jump

Employees laid off

500

Date

May 7, 2020

Industry

Transportation

Country

United States

Company stage

Acquired

Total raised (pre-layoff)

$11M

Source: https://www.nytimes.com/2020/05/07/technology/the-results-are-in-for-the-sharing-economy-they-are-ugly.html

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