Checkout.com—Cut 70% of UK staff through multiple layoff rounds, reducing technology team from 508 to 99
Checkout.com underwent severe workforce reductions throughout 2022-2023. After publicly cutting 5% in September 2022, the company made 'layoffs by stealth' with 20-30 Slack deactivations weekly. By end of 2023, UK headcount fell 72% from 1,032 to 284 employees. The Technology and Product team dropped from 508 to 99 people. Employees reported being 'treated coldly' with 'no proper justification except budget cuts' and described three layoff rounds in 16 months.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.885 | ||
Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.59)
Evidence (1 signal)
Cut 70% of UK staff through multiple layoff rounds, reducing technology team from 508 to 99
Checkout.com underwent severe workforce reductions throughout 2022-2023. After publicly cutting 5% in September 2022, the company made 'layoffs by stealth' with 20-30 Slack deactivations weekly. By end of 2023, UK headcount fell 72% from 1,032 to 284 employees. The Technology and Product team dropped from 508 to 99 people. Employees reported being 'treated coldly' with 'no proper justification except budget cuts' and described three layoff rounds in 16 months.