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Home»Technology
Technology

rewrite this title Augmented writing startup Textio lays off more employees, will invest in ‘different mix of roles’

11 months agoNo Comments2 Mins Read
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Summarize this content to 2000 words in 6 paragraphs

(Textio Image)

Textio laid off 15 employees on Wednesday, the company confirmed, citing a restructuring at the Seattle augmented writing startup.

The company did not specify how many people it still employs. There were more than 70 workers remaining after cuts last year.

Founded in 2014, Textio uses artificial intelligence and machine learning to help remove bias from workplace language for hiring and performance feedback. Customers include Bloomberg, Cisco, Hulu, Oracle, Spotify, and Warner Music Group.

The company laid off 14 employees in March 2024, and cut another 15 in 2023.

“The side of our business that supports our Feedback product is growing, and we needed to invest in a different mix of roles and skills to continue building and selling,” a Textio spokesperson said in a statement to GeekWire.

The company said workplaces are ramping up coaching and performance management support for managers, and Textio is investing in its ability to build and deliver on those customer needs. It will be opening up some new roles, including in sales and product marketing.

Textio has raised $42.5 million from investors including Industry Ventures; Operator Collective; Emergence Capital; Scale Venture Partners; Cowboy Ventures; Bloomberg Beta; and Upside Partnership.

Textio co-founder Kieran Snyder stepped down as CEO in January 2024. Jensen Harris, co-founder and previously chief experience officer — and Snyder’s husband — is now CEO.

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