Layoffs

7 stories
Raked, bagged, and carted away
In restructuring, Heartland Payment slashes most of Cambridge-based Leaf team
LEaf payments
You may have encountered the technology from Leaf at local businesses like Voltage Coffee, Aceituna Cafe, or Garlic & Lemons: instead of a cash register on the counter, a small Android tablet sits on a pedestal. After the cashier rings you up by tapping the screen a few times, he swipes your credit card and asks you to sign the screen instead of a receipt. Leaf's software could provide merchants with reports on what had been selling well, and it also tracked workers' hours. Cambridge-based Leaf aimed to dramatically undercut the big sellers of registers (also known as point-of-sale systems), selling its tablet for $250 and the accompanying software for $50 per month. Read More
Layoffs at adtech firm
Video analytics startup Visible Measures cuts staff
Photo of Visible Measures' office near South Station, from the company's blog.
One of Boston's best-funded adtech startups, Visible Measures, has been shedding employees, with the latest round of layoffs taking place yesterday. According to former employees and executives at other companies who have been fielding resumes from laid off employees, the cuts represent 30 or more people, about one-quarter of Visible Measures' workforce. CEO Brian Shin declined comment yesterday evening, pointing me to a public relations rep who hasn't responded to phone calls or e-mails. The layoffs affect employees across all departments, says one former employee, adding that the company may have simply grown too fast in a hyper-competitive business: "A serious case of cart in front of horse," he says. Read More
Database diaspora
Database startup Hadapt sheds about 25 percent of staff
Hadapt CEO Justin Borgman and former VP of marketing Scott Howser.
Cambridge database startup Hadapt quietly laid off about a quarter of its employees in December and January. The majority of those let go appear to have been engineers, according to LinkedIn, and not surprisingly, many of them were quickly scooped up by other local tech companies, including HubSpot, Kinvey, and DataXu. The layoff also included employees in sales and marketing. Read More