Pandemic-Related Layoffs Hit Legal Tech Vendor DISCO (1)

An e-discovery company that raised more than $80 million last year has laid off a chunk of its staff over concerns about the economic impacts of coronavirus.

The layoffs at Austin, Texas-based DISCO appear to be one of the first instances of a legal technology company shrinking its workforce as a direct result of the pandemic.

"(D)ue to the coronavirus and the economic uncertainty facing the nation and the world, DISCO felt it was important to make difficult decisions and implement changes up front to proactively address and reduce potential risk,” the company said in a statement.

The decision to ...