IndigoAG

Boston, MA; Memphis, TN
indigoag.com
Agriculture,Food Products

Layoff Date:

February 9, 2021

Laid Off Employees:

80

Laid Off Percent:

Source: Boston Business Journal
Months after raising a multimillion-dollar funding round, one of Boston's so-called "unicorn" companies is cutting dozens of jobs. Boston-based Indigo Ag Inc., an agriculture-technology startup that uses microbiology research to help farmers replace chemicals and fertilizers and increase crop yield, is cutting 80 jobs across its Boston and Memphis locations, as well as remote roles, the company told the Business Journal. Liz Graham, COO of Indigo Ag, wrote in an email that the jobs eliminated are across the board, with the reductions taking effect on Tuesday. In an emailed fact sheet, Indigo said that 25 roles were eliminated in Boston, 29 in Memphis and 26 among remote employees. Following the cuts, Indigo's total headcount will be at over 1,000 people across the U.S., with 472 people employed in Boston and 242 in Memphis, according to Graham.
Hiring? Create your free Drafted account
Create you free account to join companies like Better.com and Karat who use Drafted to power their referral hiring.
Create Free Account ->
Join over 7,000 readers to get the scoop on layoffs.
Your weekly briefing about layoffs, shutdowns, and department cuts sent to your inbox every Thursday.
Have a tip about an upcoming layoff?
Leave an anonymous tip or list of departing employees👇
Leave a Tip ->
About the Layoff List
The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source.
We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.