Articles tagged “layoffs”

The long-term repercussions from the recent record-breaking wave of layoffs are unclear, but industry insiders are already seeing the initial impacts.

Fifteen minutes on a Thursday. That’s all it took for Rebecca Carmody’s life to change when she was laid off from her event marketing job. One year later, she’s still looking for her next gig. 

Hubilo's rise from a niche virtual platform to a serious player in the virtual event space appears to have dramatically ended. In a twist of fate, in-person events may come to the rescue via badging specialists Fielddrive, a company it acquired in February.

Layoffs have impacted almost all major tech companies. Zoom is downsizing by 15 percent and may be shifting its focus away from live events.

Wrapping up an intense year filled with ups and downs, we share the most popular news stories published on Skift Meetings in 2022.

The economic downturn is decimating the event tech sector hard, particularly virtual event tech platforms. This won't be the last round of layoffs as investors lose confidence in the sector.