Roblox to Fire 30 Employees

Roblox to Fire 30 Employees

Business

25 September 2023 16:33

Roblox laid off 30 employees. Roblox stated "The aggressive growth targets Roblox was operating against in the past few years required a heavier investment in our TA organization.With our commitment to getting our cash compensation growth in line with our bookings growth by the end of Q1 2024, we now need a smaller Talent Acquisition organization to meet our adjusted hiring needs. This action is the result of the reduction in our hiring targets to better align with our growth goals."

Tags: Roblox

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Roblox to Fire 30 Employees

Business

25 September 2023 16:33

Tags: Roblox

Roblox laid off 30 employees. Roblox stated "The aggressive growth targets Roblox was operating against in the past few years required a heavier investment in our TA organization.With our commitment to getting our cash compensation growth in line with our bookings growth by the end of Q1 2024, we now need a smaller Talent Acquisition organization to meet our adjusted hiring needs. This action is the result of the reduction in our hiring targets to better align with our growth goals."

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Roblox is a Part of SEC Investigation

Roblox is reportedly under investigation by the U.S. Securities and Exchange Commission (SEC), according to a recent Bloomberg report. A...

Drama

Feb 12, 2025

Roblox at Crosshairs

A growing network of illegal casinos is reportedly allowing children to gamble on Roblox, according to a Sky News investigation....

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Donald Trump Tags Roblox

In an unusual move, former President Donald Trump tweeted at the Roblox Twitter Community (R.T.C.), a fan account focused on...

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Oct 03, 2024

Roblox to Introduce a New Revenue Scheme for Devs

Roblox is enhancing its revenue-sharing model as it aims for 1 billion users. At its annual developers conference in San...

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