In an email sent to employees, the low-code platform’s CEO said the cuts were a result of “taking a hard look at our efforts in the current market environment.” Low-code platform Airtable has announced it would be laying off 254 employees across business development, engineering and other teams, around 20% of its workforce. In an internal email first seen by the layoff tracker Layoffs.fyi (which is built on Airtable), Airtable founder and CEO Howie Liu said the company will be evolving from a “bottoms-up adopted product” to “bringing connected apps to large enterprises.” “We’ve rapidly expanded and executed on multiple fronts. At the time, I believed we could successfully pursue all of them in parallel,” Liu wrote in the email to employees. “However, in taking a hard look at our efforts in the current market environment, we’ve identified the teams best positioned to capture the opportunity in enterprise in order to bring complete focus, alignment and accountability in our execution.” Alongside the cuts to individual teams, Airtable’s chief revenue officer, chief people officer and chief product officer will also be leaving the company. TechCrunch reported that the impacted employees will get at least 16 weeks of severance pay, accelerated equity vesting and support from an immigration counsel, if on a visa. Airtable, which provides software that allows businesses to put together databases and spreadsheets on the cloud without using code, had a $735 million funding round in December last year at $11-billion valuation, bringing the company’s total investment to $1.4 billion. The announcement comes at the tail end of a year that has been blighted by job cuts all across the technology sector. Twitter’s new CEO Elon Musk laid of around half the social networking platform’s staff after taking ownership in November, while Meta announced it would be cutting 11,000 jobs. Amazon on the other hand plans to quietly layoff 20,000 employees. Since September 2022, HP, Cisco, Stripe, and Microsoft have all announced they would be laying off at least 1,000 employees each. Related content news Google buys Cameyo to deliver Windows applications on Chromebooks The acquisition cements Google’s relationship with longtime partner Cameyo for delivery of virtualized Windows applications on ChromeOS. By Gyana Swain Jun 06, 2024 3 mins Chromebooks Desktop Virtualization Chrome OS opinion Apple: Five years, that’s what you’ve got Apple now promises to keep iPhones secure for five years, a pledge that seems...underwhelming. By Jonny Evans Jun 06, 2024 4 mins Apple iOS Mobile how-to Download the password managers buyer’s guide While it may seem counterintuitive to entrust security to a single password manager app accessed by a single password, using a password manager is in fact a very good idea. Here’s how to choose a password manager for your business — or fo By Josh Fruhlinger and Tim Ferrill Jun 06, 2024 1 min Password Managers Enterprise Buyer’s Guides Security news Adobe Experience Platform gets AI assistant for customer data insights The generative AI tool can help companies synthesize customer data for marketing, answer technical questions, and automate some tasks. By Matthew Finnegan Jun 06, 2024 4 mins Adobe Systems Generative AI CRM Systems Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe