D2iQ, Zulily, SmileDirectClub And Sunfolding Report Total Shutdowns, While Cruise Puts A Number On Staff Cut Oh, what a year it’s been. As 2023 draws to a close, hundreds of workers who may have experienced a sense of relief to survive the extensive workforce cuts thus far this week learned their jobs — and even the tech companies they work for — will be no more. Such is the case for San Francisco-based D2iQ . The cloud computing and infrastructure company, which reportedly turned down a buyout offer from Microsoft in 2015, has announced it is winding down operations. The company says it has sold some of its assets and intellectual property to data center platform Nutanix and will use the proceeds to pay off some of its creditors. In a time of the year usually considered the make or break of profitability for e-commerce and other retailers, Zulily has laid off all 839 of its employees in a total shutdown of its fulfillment centers in Nevada and Ohio, as well as its Seattle-based corporate headquarters. Originally scheduled to take place in February 2024, the company informed its workers in a Dec. 13 memo that due to “business circumstances” the layoffs were effective immediately. Just months after beginning its attempt to reorganize through Chapter 11 bankruptcy, Nashville, Tennessee-based SmileDirectClub is calling it quits. In a Customer FAQ posted on the company’s website, effective immediately there are no treatment or followup services available, and all unshipped orders have been canceled. It’s unclear how many of the company’s global workforce are in the U.S. In yet another total shutdown, Sunfolding , an 11-year-old solar tracking startup based in San Francisco, has reported a 100% staff reduction. It’s not clear how many employees were affected. And while AV manufacturer Cruise is still […]
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