Dutchie, a Bend, Ore.-based software startup that serves cannabis retailers, has laid off 7% of its workforce.
GeekWire confirmed the cuts with a Dutchie spokesperson. The company employs more than 700 people.
The cuts affected roles across product and recruiting teams, according to LinkedIn posts written by laid off employees. “I am saddened, frustrated, and genuinely blindsided by this decision,” one laid off employee wrote. “Beyond my frustration, confusion, and disappointment, I’m heartbroken,” another said.
Dutchie is the latest tech company to lay off workers in response to the broader ongoing economic uncertainty. Several cannabis software companies have slashed staff in recent weeks, including Eaze and Akerna.
Dutchie was valued at $3.75 billion when it raised a $350 million Series D round in October, which came just seven months after the startup raised $200 million. Dutchie also acquired Greenbits and LeafLogix earlier this year.
