Seattle Recruiting Startup Karat Lays Off 47 Employees Again in 2023 Amid Restructuring Efforts

Seattle-based technical recruiting startup Karat laid off 47 employees for the second time in 2023 to restructure and move towards profitability, reducing its workforce from 423 in January to around 393 employees. Despite the cuts across various departments, Karat continues to grow its customer base and support diversity initiatives in tech.