Location: Massachusetts, USA.
Based on news reporting.
Carbon, Inc., a Massachusetts-based green cement startup, has laid off 50 employees following significant funding cuts due to changes in federal support under the Trump administration. The layoffs reflect the company's struggle to maintain operations in a challenging financial environment. This decision comes as Carbon, Inc. seeks to adjust its workforce in response to reduced financial backing and a shifting market landscape. The company aims to streamline its operations to ensure sustainability and future growth despite the current setbacks.
Carbon, Inc. cut 50 jobs as of October 1, 2023.
That is roughly 25% of the 200 people Carbon, Inc. employs.
LayoffTalk has tracked 4 layoff events at Carbon, Inc. since October 2023, affecting a combined 398 employees.
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