A successful San Francisco equity management startup company, Carta, will lay off an undisclosed number of employees following exposes and various allegations against the company. The exposes and allegations claim that the company wrongfully terminated a worker due to a request for remote work accommodations, and company management harassed and inappropriately touched an employee. They also stated that Carta is suing two former employees who publicly blew the whistle against the company. The response that Carta’s CEO released stated that Carta’s most important focus is their employees and that the bad press that the company was receiving could be biased. In addition to this round of layoffs, Carta carried out two rounds of layoffs earlier this year.
See "Carta, an equity management startup in San Francisco, lays off employees after allegations of misconduct and exposés from former employees", Joshua Bote, The San Francisco Standard, November 14, 2023