Starry, a Boston-based wireless home internet provider, has laid off 41 employees at its Centennial warehouse as part of drastic job cuts companywide.
Starry let the state’s labor department and the mayor of Centennial know about the cuts in a letter Tuesday, as required by law. It said the layoffs occurred Oct. 21.
Technical staff — such as installers, construction workers and engineers — made up the majority of layoffs. Seven marketing employees also lost their jobs.
Employees were given two weeks of severance pay and assurance that Starry would pay their insurance premiums for the next two months, according to the company’s letter.
“Like so many other companies, we are making the tough calls now and taking steps that will allow us to focus on financing the business over the long term and continue growing across our current markets,” Starry CEO Chet Kanojia wrote in a blog post last week.
“Let me be clear: Starry is open for business and laser-focused on continuing to serve our customers and drive our mission forward,” Kanojia added.
In a press release, the company said it is laying off half of its workers nationwide, freezing hiring and putting expansion plans on hold during an “extremely difficult economic climate.”
Starry launched in 2016 with bold plans for taking on the large corporations that dominate the internet market. It arrived in Denver in 2019 and signed a deal with the Denver Housing Authority that year to offer $15-per-month service to low-income Denverites.
Starry’s network can serve six million customers in its six service cities but the company only has 91,000 customers nationwide, according to a third-quarter report.
A spokeswoman for Starry referred BusinessDen to Kanojia’s blog post and the company’s third-quarter press release. She declined to comment further on the layoffs.
Starry, a Boston-based wireless home internet provider, has laid off 41 employees at its Centennial warehouse as part of drastic job cuts companywide.
Starry let the state’s labor department and the mayor of Centennial know about the cuts in a letter Tuesday, as required by law. It said the layoffs occurred Oct. 21.
Technical staff — such as installers, construction workers and engineers — made up the majority of layoffs. Seven marketing employees also lost their jobs.
Employees were given two weeks of severance pay and assurance that Starry would pay their insurance premiums for the next two months, according to the company’s letter.
“Like so many other companies, we are making the tough calls now and taking steps that will allow us to focus on financing the business over the long term and continue growing across our current markets,” Starry CEO Chet Kanojia wrote in a blog post last week.
“Let me be clear: Starry is open for business and laser-focused on continuing to serve our customers and drive our mission forward,” Kanojia added.
In a press release, the company said it is laying off half of its workers nationwide, freezing hiring and putting expansion plans on hold during an “extremely difficult economic climate.”
Starry launched in 2016 with bold plans for taking on the large corporations that dominate the internet market. It arrived in Denver in 2019 and signed a deal with the Denver Housing Authority that year to offer $15-per-month service to low-income Denverites.
Starry’s network can serve six million customers in its six service cities but the company only has 91,000 customers nationwide, according to a third-quarter report.
A spokeswoman for Starry referred BusinessDen to Kanojia’s blog post and the company’s third-quarter press release. She declined to comment further on the layoffs.