A home-grown tech company has pared back its local headcount.
Snagajob, known for its online job board for hourly workers, in recent days laid off around 40 locally based employees, according to a statement from CEO Mathieu Stevenson.
“We recently had to make difficult decisions that impacted approximately 40 individuals in Richmond in response to recent changes in market conditions and the uncertain economic outlook,” Stevenson said.
A spokeswoman didn’t respond to questions about what type of jobs were eliminated or how many local employees the company still has. Stevenson said the company intended to maintain a presence in the area.
“We remain committed to our vision of championing hourly workers and their employers and having a strong presence in Richmond,” he said.
Snagajob launched its job postings website in 2000 and keeps its local headquarters at 4851 Lake Brook Drive in Innsbrook. The spokeswoman wouldn’t comment on where Snagajob currently has active satellite offices. The company’s LinkedIn page listed offices in Arlington and Charleston, South Carolina.
The company, which for a time had rebranded to Snag, said recent layoffs weren’t limited to the Richmond area but didn’t say how many people were affected.
The firm went through at least two rounds of cuts to its local workforce in 2018, one in the early part of the year that included the shutdown of a West Coast office, and then another one later in the year.
That was two years after it took on $100 million in private equity.