Australia Post ‘disruptor’ Sendle, Airtasker lead in tech jobs losses

Heavily backed parcel delivery start-up Sendle has made 12 per cent of its workforce redundant in a move its chief executive described as a “pre-emptive step”

To hunker down in the face of global market volatility, with other local tech firms including listed jobs marketplace Airtasker, also shedding staff.

Jobs have also been lost at web3 services firm Mycelium, as a growing number of tech and crypto

companies look to cut costs in the face of cooling global funding markets.

Co-founder and chief executive of Sendle James Chin Moody told The Australian Financial Review it had cut back on staff about a month ago,

while also raising additional capital from existing investors to give it “sufficient runway” for the foreseeable future.

The company had last raised capital last year in a $45 million round led by Afterpay-backed AP Ventures