Layoffs announced at Rosetta Stone
Rosetta Stone, the education technology company known for its software designed to help people learn other languages, has announced a number of layoffs impacting employees at their Harrisonburg office.
Company spokeswoman, Michella Alvarez, would not release the number of people laid off but says Harrisonburg continues to be one of the largest offices with more than 200 employees. Several previous employees of the company report the number laid off to be between 40 and 50 employees with the consumer support team.
The layoffs were announced after its fourth quarter earnings call. The company says it has been working to shift the mix of its business from one-time consumer sales toward repeatable E&E Language (Enterprise and Education) and Lexia Literacy sales.
In years past, Rosetta Stone has similarly announced
In a statement, Alvarez wrote, "Decisions like these are never easy but necessary to address changing business needs. We are confident the strategy we have in place will enable us to strengthen our business and achieve our mission of changing people’s lives through the power of language and literacy education."
Rosetta Stone is an international company that was founded in the City of Harrisonburg in 1992. Since that time, it's been a major employer in the "Friendly City."