More Trouble at Zenefits: Startup Cuts 106 Jobs
David Sacks speaks during a Bloomberg West television interview in San Francisco, on Dec. 10, 2014.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Zenefits, the HR tech startup embroiled in a regulatory compliance scandal, is making another wave of staff cuts. The company said it will eliminate 106 jobs, accounting for about 9 percent of staff.
The San Francisco startup, which makes corporate software and sells health insurance to companies, will close its sales department in Arizona and reorganize its operations group, called Ops. The cuts come just a few months after Zenefits dismissed 250 people, about 17 percent of the workforce at the time.