Clubhouse cuts half of workforce

San Francisco-based audio-livestreaming social app Clubhouse is laying off more than half of its staff.

The company had around 100 employees in October 2022.

"We arrived at this conclusion reluctantly, as we have years of runway remaining and do not feel immediate pressure to reduce costs," Clubhouse founders Paul Davison and Rohan Seth announced in a memo to employees. "But we believe that a smaller team will give us focus and speed, and help us launch the next evolution of the product.”

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