DriversRecommendedOutdated drivers can make a good PC feel brokenScan driver issues before chasing fixes manually.Scan NowOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsClean PCRecommendedOne scan can reveal what keeps slowing WindowsLook for cleanup and repair opportunities.Run Scan×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Rigetti Computing Layoffs: What the 28% Workforce Cut in 2023 Meant

Rigetti’s 28% workforce reduction was announced in February 2023, affecting about 50 employees—not a new 2026 layoff.
From TheFinanceBase Team1 min to read

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Rigetti Computing’s reported 28% workforce reduction was announced in February 2023—not a new 2026 layoff. The company said the move affected approximately 50 employees and was part of a revised business strategy and technology roadmap focused on nearer-term priorities.

When did Rigetti announce the layoffs?

Rigetti announced the workforce reduction in February 2023. In its Form 10-Q for the quarter ended September 30, 2024, the company described the action as affecting approximately 50 employees, or approximately 28% of its workforce at the time. The percentage is historical; it does not describe Rigetti’s current workforce.

Rigetti’s 2023 Form 10-K also recounts the reduction. The reviewed later company and SEC materials do not establish that the 28% cut happened again in 2026.

Why did Rigetti reduce its workforce?

The company tied the reduction to an updated business strategy and revisions to its technology roadmap. It said it intended to direct resources toward nearer-term strategic priorities. The filings do not provide a more detailed employee-by-employee explanation or establish an industry-wide layoff trend.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

What support and costs did Rigetti disclose?

Rigetti said affected employees were offered severance payments and temporary assistance with healthcare coverage. For the three months ended March 31, 2023, the company recorded a $1.0 million restructuring charge related to the action and said it expected no further charges for it.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What later company announcements do—and don’t—show

Rigetti’s investor-relations page listed later 2026 announcements, including a September 8 item about a $100 million U.S. government agreement for superconducting quantum-computing research and development, an August 19 systems-delivery organization announcement, and second-quarter results. These updates describe later company activity; they are not evidence of a new workforce reduction.

The SEC’s September 8, 2026 Form 8-K filing index lists filing information and items, but an index alone does not establish every exhibit’s contents or prove that no separate staffing changes occurred. The available evidence therefore supports identifying the 28% figure as a 2023 event, not making a broader claim about all later staffing activity.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

What’s actually slowing this PC down?

Pick the symptom - the matching free tool is one click away.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Outdated Drivers Are Slowing You DownFree scan - exact matches
Windows Errors? Fix Them Before They SpreadFree repair scan

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.