down to smaller startups. The database is primarily centered around the tech industry and is free both for recruiters and job seekers.
Recruiters from companies like Facebook, Amazon, and Apple have used Parachute to seek out talent from its layoff database. The startup was launched in mid-April in response to the waves of layoffs that began in the tech industry. Parachute also offers free one-on-one coaching sessions to recently laid off professionals.
"There's the mindset of how you expect recruiting to work, and how you expect getting hired to work, that is no longer true," Parachute CEO Abhinav Agrawal said about the pandemic-era job market. "So we're helping more people to think about that and improve their job search and hiring process." offers a job board for recently laid off workers to enter their information to attract the attention of recruiters.
It's free to sign up for a membership, but job seekers can also sign up for Silver and Gold memberships, which provide access to features like a résumé and LinkedIn makeover and one-on-one coaching. Venture capital firm Torch Capital founder Jon Keidan worked with his investment partner, Katie Reiner, to create a layoff database in response to the initial COVID-19 layoffs that were affecting portfolio clients.with laid-off workers from Amazon to PayPal.
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