Mercari has announced that it will be laying off 20% of its U.S.-based workforce. In addition, 60% of the roles in the U.S.@Tokyo team will be shifted to Mercari Japan.
Doma – Digital title insurance, escrow, and closing provider is laying off another 515 workers in the third round of layoffs in less than 8 months. This time impacting approximately 40% of its current workforce.