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Trax lays off 120 employees — May 3, 2020

Trax, a retail company based in Israel, laid off 120 employees on May 3, 2020. At the time, the company was at the Series D stage. The layoff was reported by this source.

Company
Trax
Employees laid off
120
Date
May 3, 2020
Industry
Retail
Country
Israel
Company stage
Series D
Total raised (pre-layoff)
$386M

Source: https://www.calcalistech.com/ctech/articles/0,7340,L-3815332,00.html

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More Trax layoffs

CompanyLaid offDateIndustryCountry
Trax 80 November 22, 2022 Retail Singapore
Trax 100 June 20, 2022 Retail Singapore

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See all layoffs from May 2020 or the full startup layoffs tracker.