220 Dallas-Fort Worth workers given layoff notices across three companies

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CVS Health, property management software company AppFolio and moving company WayForth are cutting 220 jobs across Dallas-Fort Worth. It’s the latest round of...

Advertisement“Our costs have increased considerably in this environment, and we have not scaled the business efficiently,” Trigg stated. “This has forced us to make these changes in service of our customers and the long-term health of AppFolio.”

Trigg said a reduction in force is a last resort. But other measures they took like shrinking office space and re-evaluating hiring needs, weren’t enough.In its second-quarter financial report, the company highlighted its revenue grew by 25% since the second quarter of 2022, up to more than $147 million.

 

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