Seattle-based, women-focused coworking startup The Riveter has cut five positions as part of a reorganization strategy for 2020.
“We’ve been really deep in planning for 2020 and we’ve been making changes throughout the company to reflect the focus for this year,” said Amy Nelson, CEO and co-founder of the company.
The company is hoping to grow its digital platform that currently has over 9,000 members. Over the past few months, The Riveter hired chief product officer Jed Paulson, a former digital executive at REI and Aritzia, startup finance executive Teresa Kotwis as chief financial officer and former Glamour editor Giovanna Gray Lockhart as its chief strategy officer.
Currently, the startup operates nine locations across the U.S. and hopes to reach 100 by 2022.