Bench Conducts Round of Significant Layoffs

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10 hours ago

Summary

Bench conducts round of significant layoffs, cutting dozens of positions; company struggles to recover from previous shutdown and financial issues

Key Points

Bench is cutting dozens of positions in its client success and tax services departments.
The company is struggling to recover from a previous shutdown and financial issues.
Employer.com, the San Francisco HR tech company that bought Bench last year, said the decision to make the cuts was not made lightly.

Why It Matters

Bench's layoffs highlight the struggles of an accounting startup trying to recover from financial issues and a previous shutdown.

Author

Charles Rollet

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