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San Francisco startup Checkr will lay off 92 workers in Denver HQ

Checkr, a startup offering employee background checks using machine learning and artificial intelligence, is laying off 92 workers in Denver.

The company filed a notice to Colorado on Tuesday as legally required by the Worker Adjustment and Retraining Notification Act, or WARN.

The letter said layoffs will begin June 10.

“In response to economic conditions that have impacted companies’ hiring, we made the difficult and painful decision to reduce the size of our team,” a spokesperson for Checkr said in an emailed statement.

The national job market has outpaced expectations and Colorado’s was stronger than originally thought in 2023, but it’s cooling. Unemployment in the state ticked up to 3.5% in February, according to the Colorado Department of Labor and Employment, and the information and financial services industries are among the weakest sectors for job growth.

Checkr said it will offer at least 10 weeks of severance, health insurance and mental health support.

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“This will allow us to operate more efficiently and ensure the long term health of our business,” the statement said.

The company announced five years ago it chose Denver as the home for its second headquarters.

Checkr was founded in 2014 offering AI-powered background checks, promising to be faster, accurate and more secure. It has been valued at $5 billion, according to the company’s LinkedIn, and its clients include Uber, Instacart and Netflix.

When Checkr came to Colorado, where it later established its hub in Lower Downtown, the company promised to bring 1,500 jobs over 10 years.

Checkr declined to comment on how many employees it has in Denver. 

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