Vancouver, BCTalemetry is reportedly in its first round of layoffs as of Tuesday the 29th, with more reportedly in the works.
In February of 2019, Talemetry, along with Canvas and RolePoint, were acquired by Jobvite after the latter received a $200m investment from K12 Investment Management, a California-base private equity firm. At the time there was buzz around a unified platform, with Canvas providing a mobile-first front end solution, Talemetry powering the CRM, RolePoint for referrals and connectivity, and Jobvite sitting at the bottom as the ATS. Two-way mergers are complex - 4-ways exponentially so. Bridging gaps across technology stacks, cultures, locations, market-focuses, etc requires heavy focus and some luck in terms of timing. The lack of major announcements from/ about the new entity (say, as an example, a name for it) was concerning prior to the pandemic.
It is unclear if these cuts are solely restricted to Talemetry, or impact all four organizations. We have reached out to Talemetry for comment, and will update as soon as we have more information.
The CRM tech firm is reporting to join a growing list.