Optimizely, a startup known for its cloud-based A/B testing service for web and mobile apps, announced today that it’s laying off 40 people, which equates to 10 percent of its approximately 400 employees. The cuts are hitting all departments of the startup.
The startup has picked up more than $146 million in investments — including last year’s $58 million round — from top-tier venture capital firms like Andreessen Horowitz and Benchmark Capital.
This is just the most recent startup to lay off employees. Others that have recently reduced staff include Instacart, Mixpanel, and Zenefits. This week Sonos said it was laying off employees, as well.
Not to worry if your an Optimizely user.