Snagajob lays off dozens in Richmond

Snagajob, known for its online job board for hourly workers, recently laid off dozens of local employees based at its Innsbrook headquarters. (Jack Jacobs photo)

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.

Snagajob, known for its online job board for hourly workers, recently laid off dozens of local employees based at its Innsbrook headquarters. (Jack Jacobs photo)

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.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected]

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMEBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest
3 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
Jack O’Neill
Jack O’Neill
1 month ago

They cut about 80 jobs many in engineering. That was roughly 1/3 of the company. They also put their Shift service into maintenance mode which is as good as dead now. At the start of COIVD they let people go too, stopped 401k matching, and made everyone take a pay cut. The CEO seems like a nice guy, but hasn’t been able to turn anything around at the company. And the CTO they hired hasn’t done much of anything except cut costs. Really sucks for all those employees that have been through so much turmoil over the years to be… Read more »

Michael P Morgan-Dodson
Michael P Morgan-Dodson
1 month ago

The Charleston office was once a different firm called People Matters and that old firm’s name is still on the building as of Feb 2022 street view. The building appears to have had a large space lease turnover in early 2022. The 3rd floor is a RedLabs Logistics and a clothing store on the first floor. I think Snagajob, if still present, in Charleston is down to a handful of staff.

Dennis Barbaro
Dennis Barbaro
1 month ago

I guess they will have to ‘snag a job’