A number of local tech firms have cut staff recently. 

Parcel delivery start-up Sendle has made 12 per cent of its workforce redundant in the face of global market volatility - a move its chief executive describes as a “pre-emptive step”.

Despite having experienced “incredible” growth globally over the past few years, Sendle CEO James Chin Moody says a dramatic fall in US tech markets has encouraged the decision for redundancies.

“We’ve seen up-close the impact of increasing capital market volatility, and like many large technology companies, felt we needed to take pre-emptive steps to ensure we can continue to grow, while being able to withstand any continued market uncertainty over the next two years,” Mr Chin Moody has told the AFR.

“We made the very difficult but prudent decision to make a small number of redundancies across all departments, equating to about 12 per cent of our current global workforce.

“Our strategy hasn’t changed. We are cementing our position as the most reliable, most affordable and most loved national courier in Australia and the United States ... We are also launching into Canada, our third global market, later this year.”

The cuts add to a growing string of tech start-up job losses, with health tech start-up HealthMatch jettisoning half of its workers, neobank Volt closing down, residential solar financier Brighte laying off 15 per cent of its workforce and modular solar panel pioneer 5B Solar having made 25 per cent of its workforce redundant. 

Additionally, police software maker Mark43, payments company Zepto and medical management company Perx Health have recently shed staff.

Airtasker has completed a redundancy round, affecting around 5 per cent of its staff.

More details are accessible here.