AppFolio announces 9% workforce reduction

On August 17, AppFolio announced a plan to reduce its workforce by nearly 9%, or 149 employees. A letter to the company’s employees from Shane Trigg, President and CEO, regarding the workforce reduction follows. “Team, today we’re announcing the difficult decision to reduce the size of our team by nearly 9%, and are saying goodbye to 149 AppFolians across all departments. All employees will receive an email this afternoon by 1:45pm PT, which will inform you of the status of your position and whether it has been impacted. Decisions like this are never easy and while I sought the input of our Leadership Team and Board of Directors, accountability for this decision rests with me.”