Clubhouse is laying off employees and ‘resetting’ the company | Engadget

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Clubhouse is laying off employees and ‘resetting’ the company

Clubhouse, the once hyped audio app that took off during the height of the pandemic, isstaff 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.

”in 2021, was still well-funded, with “years of runway remaining.” They added that they “do not feel immediate pressure to reduce costs.”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.

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