https://techcrunch.com/2020/05/01/namely-a-former-high-flier-slashes-staff-as-demand-for-its-hr-software-dries-up-in-the-pandemic/

Namely, an eight-and-a-half-year-old, New York-based company that sells payroll, talent management and other HR services to mid-size businesses across the U.S. via subscription software, has let go of upwards of 40% of its employees.

The cuts are across the board, from high-ranking staffers, including a CFO who was brought on almost exactly two years ago, and a chief security officer who has spent just the last year with the company, to its entire customer success team.