Hubstaff was seen as a rising technology company in 2015, when they received a nomination as part of Techpoint’s Mira Awards for The Best of Tech in Indiana.
The company values freedom, transparency, customers-first approach, accountability, and attentional control. Founded in 2012 by Dave Nevogt and Jared Brown, today Hubstaff employs a workforce of more than 90 people across the world. Total employment in the U.S increased by 517,000 positions in January, nearly tripling economists’ expectations, as industries such as construction, hospitality and healthcare bring in new workers despite recent cuts primarily in the tech industry.Hubstaff is a remote company that created a workforce management software suite that offers proof of work, time-tracking software, and payroll management, along with a remote talent finder and project management software. unemployment rate is hovering near a 54-year low at 3.4%, according to the latest government data, as the labor market remains tight. Surprising Factĭespite the high-profile layoffs, the U.S.
The company with the most rounds of cuts was Peloton, which underwent four separate rounds of layoffs, including one that affected more than 2,800 workers. The biggest came from Facebook and Instagram parent company Meta, which laid off roughly 11,000 employees in November. companies-including tech startups, major banks, manufacturers and online platforms-conducted major rounds of layoffs last year, cutting nearly 125,000 employees, according to Forbes’ layoff tracker. Sign up for Forbes’ Layoff Lifeline, a week-long newsletter series on how to stand out in today’s challenging job market. January 4Online video platform Vimeo announced its second round of cuts in the past six months, which affect 11% of its workforce (roughly 150 of its 1,400 employees, according to data from PitchBook), with CEO Anjali Sud attributing the company’s decision to a “deterioration in economic conditions.”
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