Despite fast growth, SevOne lays off workers
IT company SevOne has announced on Monday it’s laid off “less than 10 percent” of its global workforce.
It’s possible that SevOne handed pink slips to as many as two dozen Delaware workers. Those workers were notified last Thursday and some were let go immediately.
According to a SevOne spokesperson, the layoffs were company-wide and not limited to any one department.
In an emailed statement, the spokesperson wrote, “The changes we made will allow us to intensify our efforts on our core business and redeploy resources to our most urgent priorities – all of which will enable us to demonstrate continued leadership in the market.”
By late 2015, SevOne employed more than 500 worldwide -- with about half based in the First State. Last year, the company had hired about 200 workers - including software developers, engineers and customer service personnel. It’s been recognized as one of the fastest growing tech companies in the country.
The company recently moved its corporate headquarters from Pike Creek in New Castle County to Boston.
SevOne was founded in 2005 by three University of Delaware graduates. In November, the company signed a 13-year lease for a 50,000 square foot facility at the University of Delaware’s Science, Technology and Advance Research, or STAR campus. At the time, SevOne planned to add 100 employees to that office over the next two years.