Tech Layoff Wave Still Kicking in 2025

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20 days ago

Summary

Pandion, a heavily funded delivery startup, shut down its operations impacting 63 employees. The company said employees will be paid through January 15 without severance. This move follows other recent layoffs in the tech industry.

Key Points

Pandion, a delivery startup, shut down its operations due to the ongoing tech layoff wave.
The company announced that employees will be paid through January 15 without severance.
This move is part of a larger trend in the logistics industry.

Why It Matters

The shutdown of Pandion highlights the impact of the ongoing tech layoff wave on businesses and employees.

Author

Cody Corrall, Alyssa Stringer, Kate Park

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