Meals automation startup Picnic is shedding staff, changing into the most recent tech firm to trim employees amid the tech downturn.
An organization spokesperson confirmed the cuts to Startup Wednesday. The Seattle startup didn’t present an up to date headcount, or data on which positions are being affected. It has round 100 staff, based on LinkedIn.
“As a result of present financial surroundings, we’ve got needed to make the tough determination to scale back our firm measurement and say goodbye to some colleagues,” Picnic CEO Clayton Wooden wrote in a LinkedIn put up Wednesday.
Startups are being suggested to scale back headcount in an effort to decrease prices and prolong money runways. There have been 1000’s of layoffs at tech firms within the Pacific Northwest over the previous two months.
Picnic, based in 2016, has raised greater than $20 million to promote meals meeting robots to eating places and hospitality firms all over the world.
The food-automation firm sells a pizza-making robotic referred to as the Picnic Pizza System. The machine will help a single worker churn out as much as 100 12-inch custom-made pizzas per hour.
Picnic introduced a partnership with pizza large Dominos in September. It additionally works with Ole Miss, The Ohio State College, and a variety of regional pizza eating places and automation companions throughout the nation. Wooden stated the layoffs won’t have an effect on these partnerships and that the corporate has installations deliberate throughout the U.S. and Canada.
“Till the financial scenario improves, we’re slimming down and operating as effectively as potential with out impacting our mission or our core enterprise,” he wrote.