DESIGN THINKING PIONEER IDEO LAYS OFF 25% EMPLOYEES
IDEO’s CEO Derek Robson announced a global meeting in October. The company is set to lay off around 125 employees by the end of the year, amounting to about 25% of its global workforce. This is the company's second round of layoffs for 2023, with a total reduction of 32% in headcount for the year. In addition to the layoffs, IDEO is closing its offices in Munich and Tokyo and downsizing in several U.S. locations, London, and Shanghai.