DataStax laid off ~15 employees in its third cut under CEO Chet Kapoor - Business Insider

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$967 million startup DataStax laid off 15+ employees last week — its third round of job cuts since its new CEO joined in October

but the company has since faced a management shake-up and multiple cuts: This was the third round of layoffs since the arrival of new CEO Chet Kapoor in October 2019.

The most recent layoffs took place the second week of April and affected between 15 and 20 people, primarily in sales and solutions engineering, including several high-ranking employees, two sources with knowledge of the cuts told Business Insider.Because there had already been two rounds of layoffs recently, the most recent job cuts caught employees by surprise, one source said.

That same source said that Kapoor told employees that the company wasn't growing quickly enough to justify its headcount. The layoffs come less than a month after DataStax acquired the consulting and services firm The Last Pickle in early March.and structural changes at DataStax in the past year. In July 2019, former CEO Billy Bosworth laid off a little less than 10% of the company's staff and restructured the company moving some employees into new teams.

 

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What am I missing? Why is 15 such a big number when millions are currently being laid off.

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