Checkr Inc is a background check company that was founded in 2014 and is headquartered in San Francisco. It provides on-demand background checks for employers using AI technology to streamline the process, making it faster and more efficient. The company was valued at $5 billion USD as of 2022.
According to reports, Checkr has announced plans to lay off 382 employees, which amounts to 32% of the company’s workforce, as a result of economic challenges faced in recent times. This restructuring will allow the company to operate more efficiently and ensure the long-term survival of the business.