AM I NEXT? NO LOVE AT TASKUS (02/21/23)

FEBRUARY 21, 2023 — 186 LAYOFFS IN SAN ANTONIO, TEXAS

The company announced its intention to eliminate 186 positions on Friday, Feb. 24, 2023, with most of the layoffs coming from the sales department.

MAY 23, 2022 — Original post…

New Braunfels, Texas-based TaskUs, an outsourcing business process company that handles content moderation, customer support, algorithmic screening, and consulting for online platforms including Facebook, Netflix, Zoom, Uber, and Doordash, has announced a reduction in force in the United States while it continues to focus on international growth. The majority of the company's workers are located in low-labor-cost countries and work remotely.

According to TaskUs CEO Bryce Maddock, “Although we are off to a very strong start for the year, the current environment is volatile. We’ve seen several of our clients in the high-growth technology space quickly shift their focus to reducing costs. We have also seen the impact of the recent downturn in the equity and crypto markets’ cost fluctuations in volumes in our fintech vertical.

Those factors are leading to U.S. layoffs. Our teams continue to fight to find roles for as many of our domestic teammates as possible, and nothing disappoints me more than having to say goodbye to great colleagues."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?