David Tod

More Layoffs at Instructure

Discussion created by David Tod on May 28, 2020
Latest reply on May 28, 2020 by scottd@instructure.com

https://philonedtech.com/instructure-restructure-significant-layoffs-hitting-canvas-side-of-the-business/ 

 

"Today, Instructure has implemented a new, even larger round of layoffs, this time primarily targeted at the Canvas side of the business (academic markets in higher ed and K-12). More than 150 people are losing their jobs, representing more than 12% of the workforce. These layoffs appear to be broad-based, hitting most if not all departments. When combined with the January cuts, Instructure has now removed almost 20% of its full-time staff since the beginning of the year. These are significant layoffs."

 

Am I the only one a bit freaked out about this? Private equity destroying yet another business. Instructure looking more and more like Blackboard.

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