FEBRUARY 13, 2023 — 530 EMPLOYEES TARGETED
The company has announced a restructuring which includes layoffs of 8% of the workforce., or 500 employees.
According to GoDaddy CEO Aman Bhutani …
Today, we are announcing a plan to reduce the size of our global team by about 8%. This will come as difficult news for many valued and respected GoDaddy team members.
To start, I want to express my gratitude to those who will be leaving. You played an important part in our journey and helped entrepreneurs around the world achieve their dreams and build successful microbusinesses. Every day, you made a difference for customers and your teammates. While our paths diverge today, I wish you well and hope our paths cross again.
The planned impacts also include ongoing work to more deeply integrate three of our brands – Media Temple, Main Street Hub and 123 Reg – into GoDaddy.
Media Temple customers and team members are already aware of the transition to GoDaddy infrastructure as we work to sunset the brand, and team members will receive a meeting invite today to explain the path forward for them.
Main Street Hub customers and team members are aware of the continuing transition of Main Street Hub customers to GoDaddy products. As we continue the migration, we will share updates with team members by March 1, 2023.
123 Reg will continue as a customer-facing brand and take full advantage of what GoDaddy offers in terms of technology and capabilities. Some roles in 123 Reg may not be required longer-term and we will notify any impacted team members by March 1, 2023.
During the last year, we worked hard to deliver value for our customers and results for GoDaddy. Despite increasingly challenging macroeconomic conditions, we made progress on our 2022 strategic initiatives and continued our efforts to manage costs effectively. The discipline we embraced was important but, unfortunately, it was not sufficient to avoid the impacts of slower growth in a prolonged, uncertain macroeconomic environment.
Over the next couple of days, we will focus our time and attention on thanking and saying goodbye to those leaving GoDaddy. We will offer each of them a transition package, in line with local laws and customs. will come together to talk about our 2023 strategic initiatives and our path forward to continue to empower entrepreneurs everywhere.
JULY 6, 2020 — Original post…
Scottsdale, Arizona-based company GoDaddy, the iconic internet domain registrar, and web hosting company, has announced the restructuring of its domestic sales offices. This impacts 841 employees in the company's two Austin, Texas, sales offices and will include 134 sales employees from the company's offices in Hiawatha, Iowa. The Two Austin, Texas, offices are slated for closure. The Austin and Hiawatha sales operations will be transitioned to the company's sales office located in Gilbert, Arizona. The layoffs are expected to be complete by September 1, 2020.
According to GoDaddy CEO, Aman Bhutani, "Sadly, I must share with you, that even as our overall business continues to perform well and we are updating our revenue guidance for Q2 as evidence of that, we are still facing challenges in U.S. outbound sales, including GoDaddy Social sales. The outbound sales teams have made many creative efforts over the last three months to reverse the impacts of Covid-19, but the results of these improvements are still far below what we need for the operations to be sustainable.”
"The Social team in Austin has turned over every stone in the last three months to address the seismic shift caused by COVID-19. While the team made strides in selling our new lower-cost offering, with reduced demand and economics under pressure, we cannot continue to sell these products the way we do today."
"I know that today will cause a tear in our core fabric, and it will take time to mend. You are talented folks who have contributed positively to the company."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?