Hootsuite

Hootsuite CEO Tom Keiser says the move comes as the social-media management company looks 'to refocus our strategies to drive efficiency, growth and ...

The Hootsuite CEO’s statement said that the company would try to help its laid-off employees find work elsewhere. Mr. Keiser succeeded founder Ryan Holmes as CEO, who stepped down in 2019 amid leadership concerns after a failed attempt to sell the company. Hootsuite was founded by entrepreneur Ryan Holmes in 2008, riding the social-media wave with a dashboard that allowed users to manage their accounts. People in customer-experience and product-management roles at Hootsuite made public posts on LinkedIn Tuesday saying they’d been part of the layoffs. In recent weeks, Shopify Inc. said it would lay off 10 per cent of staff; CFT Clear Finance Technology Corp., also known as Clearco, laid off 25 per cent; Wealthsimple Technologies Inc. let go of 13 per cent of staff as a key investor eyed slashing its valuation of the company by nearly half. “We need to refocus our strategies to drive efficiency, growth and financial sustainability.” About 400 people are expected to lose their jobs at Hootsuite as part of Tuesday’s internal announcement.

Hootsuite is set to lay off 30 percent of its global workforce, approximately 400 employees. The company confirmed the layoffs to BetaKit, with a statement ...

Hootsuite also revamped its board with new members that appeared to allow it to better act as a public company board. Like many, Hootsuite has been feeling the effects of the changing economic environment in a variety of ways. Hootsuite also announced it was opening a new Atlanta office with plans to hire over 60 Atlanta-based positions by the end of 2022.

The Vancouver-based social media business declined to answer questions about the exact number of staff laid off or what triggered the job cuts, but the most ...

In particular, he said Hootsuite needs to refocus, so it can drive efficiency, growth and financial sustainability. They are some of the best in their fields, and we will do whatever we can to help them land well elsewhere.” Skip Advertisement

Hootsuite Inc. is cutting 30 per cent of its global workforce amid a global slowdown in the sector affecting giants and startups.

It’s not clear how many workers in Vancouver are directly affected by the layoffs. It is indicative of a change to our business that realigns our strategies with the positions we need to be successful.” We want to be very clear this decision is not a reflection on them or their work. “I anticipate the correction to last until the new year.” “More and more companies will cut staff in the months ahead,” said Ilya Brotzky, CEO of the VanHack Technologies Inc. recruitment firm. “Today is a hard day for Hootsuite,” CEO Tom Keiser said in a statement to BIV.

Canadian social media company Hootsuite is joining other tech giants in laying off almost a third of its staff, though the company's CEO did not answer ...

They are some of the best in their fields, and we will do whatever we can to help them land well elsewhere.” In particular, he said Hootsuite needs to refocus, so it can drive efficiency, growth and financial sustainability. He declined to elaborate further on the restructuring, saying, “Today our focus is on our people, both those who are leaving us and those who are staying, and ensuring our customers continue to receive the support they need.”

It's another sad day in the tech sector, as Hootsuite has announced significant layoffs that will be impacting 30% of employees.

They are some of the best in their fields and we will do whatever we can to help them land elsewhere.” “It is indicative of a change to our business that realigns our strategies with the positions we need to be successful.” “We announced internally that we’ve made the difficult decision to restructure the company and reduce our global workforce by 30%. This sadly means we are saying goodbye to some of our people,” Keiser adds.

Social media marketing firm Hootsuite says it has slashed its workforce by 30%. “We need to refocus our strategies to drive efficiency, growth and financial ...

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The Vancouver-based social media business declined to answer questions about the exact number of staff laid off or what triggered the job cuts, but the most ...

In particular, he said Hootsuite needs to refocus, so it can drive efficiency, growth and financial sustainability. They are some of the best in their fields, and we will do whatever we can to help them land well elsewhere.” Article content