Fullbridge, a Boston-based company providing education and training programs to prepare the workforce for next-gen, rapidly evolving jobs, is downsizing its Boston presence.
The eight-year-old company confirmed on Monday it made employee cuts in its technology department, a move that will reduce its U.S. staff from 15 to nine people in December.
Technology development and support will be shifted out of house, most likely to London, Steve Brazell, CMO at Fullbridge, wrote in an email.
"We have substantially reduced our dependance on an in-house technology team, and expect to leap frog forward by partnering with developers that will give us an immediate competitive advantage with broader distribution," Brazell explained.
Brazell added that the board of directors chose to replace CEO Roger Berry, who stepped in as chief executive at the end of May 2016. At that time, Berry announced plans to build a "Fullbridge 2.0" that left the company with fewer than 30 employees following a series of 2016 layoffs.
For the past two years, Fullbridge has been subleasing the majority of its space on Chauncy Street to other startups.
The company is expected to move to a smaller space in Boston in 2019, as well as open an office in New York City, according to Brazell. However, Brazell said that they may keep the current space through Q1 or even Q2, pending an increase in U.S. staff next year.
Founded in 2010, Fullbridge secured $15.4 million through the sale of a series of preferred stock in 2015. The round was led by learning innovation investor GSV Capital.
