27.04.2023 23:45 Uhr, Quelle: Engadget

Clubhouse is laying off employees and ‘resetting’ the company

Clubhouse, the once hyped audio app that took off during the height of the pandemic, is laying off staff as part of a company “reset,” the startup announced. In a letter to staff shared by the company, founders Paul Davison and Rohan Seth said they were “scaling back our org by over 50% and saying goodbye to many talented, dedicated teammates.”Interestingly, Davison and Seth said that the company, which was reportedly valued at $4 billion in 2021, was still well-funded, with “years of runway remaining.” They added that they “do not feel immediate pressure to reduce costs.”Clubhouse exploded in popularity early in 2021 at a time when many people were feeling socially isolated due to the pandemic. The app was able to draw in big names like Elon Musk and Oprah for its live audio chats, which helped further fuel its early success. But Davison would later acknowledge that growth came “way too fast,” and usage dropped off amid competitors cloning the servi

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