Anyvision Layoffs

By John Honovich, Published Mar 19, 2020, 09:47am EDT (Info+)

Anyvision has conducted a layoff, citing the impact of coronavirus, joining a growing number of tech companies doing so, but the first within video surveillance.

For background on Anyvision's technology, see: Anyvision Facial Recognition Tested

The company confirmed the layoff to IPVM, providing us a statement. Inside this note, we share this and examine Anyvision's competitive positioning.

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IPVM Image

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Poll / ****

Comments (24)

Former AnyVision employee here.

Truly sorry for the people that were negatively impacted by AnyVision leadership's decision making. A company that's only two years away from being a $1B company should be able to weather this storm. With each turn of the page, this company continues to look more and more like the WeWork of the security industry.

Looking forward to seeing what they do to address the immediate needs of COVID-19 as it took them nearly 18 months to build Insights with a full workforce.

As for AnyVision as a company, I simply hope they experience the success they deserve.

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Insights isn't out yet. Version 2 isn't out yet. hahahaha

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It is a shame how management has gone through some pretty good people and spit them out like dogs. So many lies and fake promises. Other companies have caught up and surpassed their tech offerings, other companies They can't develop tech and they do not understand how to go to market....like, at all. Expensive licenses with even more expensive hardware in a world demanding less hardware....good luck!

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What a shame...

I recently attended an excellent demo by our local rep. Abraxas and Insights look like nice products. They'll come out okay o the other side of the pandemic.

It would be smart for any manufacturer to start developing body temperature solutions during this down time to expand their portfolio as well.

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I believe it is a smart move by Anyvision. Companies will take a while to return to normal and the soon they realize that the better chance they have to stay in business. Many criticized Anerican Airlines after 911 for the mass layoffs and applauded Detla for hanging on to their employees AA survived, Detla filed for bankruptcy. This is not something that companies can take on by themselves.

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I doubt the virus has anything to do with it at the moment, its a convenient excuse to let people go.

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10 to 20% convenient excuse from a company that just raised a lot of money and promised it's investor $1 billion revenue in 2022?

Laying off employees is expensive. Not only you have to pay them few extra month, think about all the recruiters cost, HR cost, onboarding, training and the overall moral of the company.

I am recommending layoffs only because this is going to take a while before we go back to normal.

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that is kind of an irresponsible thing to say with all that is going on unless you have a reason to say it. looks to me like it is going to be tough for our industry for a while and when you have a burn rate higher then your monthly revenues, which they for sure do, you have to be prudent to stay afloat.

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Karma sucks huh? I interviewed with these folks and they were the most arrogant group I have even interviewed with, not my first rodeo in Face Analytics.

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I think that image needs more JPEG.

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Sorry, we were rolling out a new feature to do lazy loading of images as well as adding webp versions and have a temporary issue. I fixed that one image above and the general fix will be live shortly.

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This is a tough time. Some companies will use this time to air out all bad news and others that were just getting by may fail. I will not celebrate any of the RIFs that are certain to come. I expect much more announcements like this and I sure hope I am wrong.

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Not directly related, but just announced: Microsoft is divesting from Anyvision. Not good news for Anyvision but one of a number of negative issues the company is facing currently.

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Wrong link I think, John.

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An atypical LinkedIn post:

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A second wave of layoffs at Anyvision early this week,with more than 100 additional employees reduction

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I have heard the same. How many people are truly left at AnyVision right now?

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Anyvision just terminated another 30 employees. Only 100 left now from the original 400 it had back back in May. I thinks it's preparing to sell off its IP.

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#8, thanks for sharing. I asked Anyvision for a response to this.

Btw, Anyvision has a new CEO and I have been trying to schedule an interview with him over the past month, no luck so far.

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Looks like their VP of Sales has left too, he was there for over 2 years.

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I missed that, you are right, Brian Krause has left Anyvision for Dragonfruit AI:

IPVM Image

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How can you sell your IP when you are ranked 145th place on NIST?

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How can you sell your IP when you are ranked 145th place on NIST?

Flippa?

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You refer back to the one report from 2018 where you ranked first for a week.

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