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 analysis Apple confirms it will open up the iPad in Europe this fall The latest efforts to comply with Europe’s Digital Markets Act mean developers can offer to side load apps to both iPhones and iPads in the EU. Apple has also taken steps to improve what it offers to smaller and non-commercial developers in the By Jonny Evans May 02, 2024 6 mins iPad Apple Mobile Apps news Udacity offers laid-off US workers free access to its courses for 30 days Sign-ups will be available over the next 30 days By Lucas Mearian May 02, 2024 4 mins Technology Industry IT Jobs IT Skills opinion Why you’ll soon have a digital clone of your own AI isn’t going to replace you at work. You will. By Mike Elgan May 02, 2024 7 mins Augmented Reality Generative AI Virtual Reality news analysis Workers with these AI skills are getting cash premiums As AI deployments become more critical to digital transformation projects, organizations are struggling to find skilled workers to support the new technology, so they're paying premiums for prospective hires or current employees who obtain the n By Lucas Mearian May 01, 2024 7 mins Generative AI IT Jobs IT Skills 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