Exclusive: Airmeet Trims 20% Workforce In Second Restructuring Exercise Within A Year

Exclusive: Airmeet Trims 20% Workforce In Second Restructuring Exercise Within A Year

SUMMARY

Earlier this week, the startup parted ways with around 20% as it shifts its resource allocation to GTM (go-to-market)

In May 2023, the startup had laid off around 30% of the workforce across teams

To date, Airmeet has raised around $50 Mn in funding across multiple funding rounds

Prosus-backed virtual events platform Airmeet laid off around 20% of its entire workforce earlier this week, as part of its second restructuring exercise within a year, people aware of the matter informed Inc42 on the condition of anonymity.

The layoffs have impacted across the departments, with tech team hitting the worst.

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