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→2026 Financial setback: cutting 18% of their workforce
===2026 Financial setback===
===2026 Financial setback===
In 2026, Flock began showing some financial strain. A growing number of customers were canceling their contracts, under public pressure. Flock began offering voluntary buyouts to their staff, promising what they called generous severance pay to those who agreed to quit their jobs. The internal communication of this separation program provides "greater agency" for its workers and "treats employees with transparency, respect, and choice." Employees who were not authorized to speak with the media, indicated that they expected layoffs would follow if a significant number of people did not accept the "buyout" of their roles. The offer was issued on September 18th, allowing until October 2nd for everyone to decide.<ref>https://www.wired.com/story/flock-is-offering-voluntary-buyouts-to-employees/</ref><ref>https://finance.yahoo.com/markets/stocks/articles/flock-offers-workers-voluntary-buyouts-150824792.html</ref><ref>https://mashable.com/tech/flock-offers-workers-voluntary-buyouts-amid-backlash</ref><ref>https://washingtonweeklytimes.com/technology/flock-offers-employees-buyouts-as-customers-flee/</ref>
In 2026, Flock began showing some financial strain. A growing number of customers were canceling their contracts, under public pressure. Flock began offering voluntary buyouts to their staff, promising what they called generous severance pay to those who agreed to quit their jobs. The internal communication of this separation program provides "greater agency" for its workers and "treats employees with transparency, respect, and choice." Employees who were not authorized to speak with the media, indicated that they expected layoffs would follow if a significant number of people did not accept the "buyout" of their roles. The offer was issued on September 18th, allowing until October 2nd for everyone to decide.<ref>https://www.wired.com/story/flock-is-offering-voluntary-buyouts-to-employees/</ref><ref>https://finance.yahoo.com/markets/stocks/articles/flock-offers-workers-voluntary-buyouts-150824792.html</ref><ref>https://mashable.com/tech/flock-offers-workers-voluntary-buyouts-amid-backlash</ref><ref>https://washingtonweeklytimes.com/technology/flock-offers-employees-buyouts-as-customers-flee/</ref>
In October 2026, Flock further announced that they were cutting 270 jobs, equaling about 18% of their workforce.<ref>https://industrywired.com/artificial-intelligence/flock-safety-to-cut-270-jobs-as-surveillance-backlash-grows-12659137</ref><ref>https://finance.yahoo.com/technology/ai/articles/flock-safety-plans-cut-270-162224739.html</ref>
==See also==
==See also==