Seattle-based cloud automation company SkyKick is laying off 140 employees, including 98 in the U.S.
SkyKick declined to say how many employees will remain at the company after the cuts. Its LinkedIn page lists about 320 employees.
“SkyKick has made the tough decision to reduce our workforce to adjust to current market conditions," co-founder and co-CEO Todd Schwartz said in a statement to the Business Journal. "We are well positioned and remain steadfastly committed to ensuring our partners' success in the cloud over the long term.”
The layoffs were first spotted in a Worker Adjustment and Retraining Notification (WARN) filed Wednesday with the state of Washington, but a company spokesperson said the layoff total, listed at 181, was incorrect and provided the 140 number instead. The WARN says the layoffs will begin at the end of October. SkyKick also confirmed an undisclosed number of layoffs in March.
The layoffs come after SkyKick landed a $130 million investment in September 2021. At the time, the company had about 250 employees and planned to add 100 more over the course of the next year. In addition to Seattle, SkyKick has offices in Amsterdam, London, Sydney and Tokyo.
SkyKick was founded in 2011. The company provides services for IT providers working with small and midsize businesses, mainly to help IT clients better serve their own customers working in the cloud. SkyKick says it has over 30,000 clients and works in more than 125 countries.
“As much as the cloud has been adopted and the pandemic has accelerated that, I think penetration within the SMB market and adoption across workloads in the SMB market is still (in its) very early days,” Schwartz previously told the Business Journal.
Multiple local companies have laid off employees in recent months. Seattle-based sales technology company Outreach laid off about 5% of its staff earlier this month. Seattle-based interviewing startup Karat, meanwhile, laid off 47 employees in June after also cutting 47 employees in January.
