Lola lays off 34 employees due to impact of the coronavirus

Summary

A layoff-tracker entry dated 03/19/2020 reports that Lola, a Boston corporate travel management tool, laid off 34 employees (29%) across all departments, one of the first startup layoffs directly related to the coronavirus. It adds that Lola had raised $82 million to date from Accel, General Catalyst, and CRV and had 82 employees remaining.

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Lola lays off 34 employees due to impact of the coronavirus

03/19/2020 10/27/2020 Layoff list Boston , Lola , SaaS , Travel

🌎 Boston ∙ 👩‍💼 34 employees (29%) ∙ 🖥 All departments

Lola, a corporate travel management tool, laid off 34 employees (see link below for the list👇). This is one of the first startup layoffs directly related to the coronavirus. Lola has raised $82 million to date from Accel, General Catalyst, and CRV and now has 82 employees remaining.

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