What’s Happening at Fiverr?

Fiverr International (Fiverr) is eliminating approximately 30% of its workforce (around 250 jobs) as part of a company-wide restructuring.

“We are launching a transformation for Fiverr, to turn Fiverr into an AI-first company that’s leaner, faster, with a modern AI-focused tech infrastructure, a smaller team, each with substantially greater productivity, and far fewer management layers,” CEO Micha Kaufman said in a letter to staff.

According to reports, the online marketplace had more than 760 employees in December 2024.

Next Steps for Fiverr Employees

If you’re fired or let go from Fiverr, understanding your legal rights is crucial.

Non-unionized employees in Canada are entitled to severance pay. This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and British Columbia (BC).

The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.

WATCH: Everything Non-Unionized Employees Need to Know About Severance Pay

Key Severance Facts:

• Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
• Deadlines: You generally have up to 2 years from the date of your termination to review and negotiate severance offers.
• Action steps: Consult an employment lawyer at Samfiru Tumarkin...

Read Full Story: https://news.google.com/rss/articles/CBMib0FVX3lxTFBVWTRvNURJYVhsLVNsVW02VzhC...