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.