The restructuring exercise also impacted employees from the product and design teams
Overall, around 30 employees, or 20% of Airmeet’s workforce, were laid off in the virtual event startup’s latest restructuring exercise
Airmeet founder Lalit Mangal told Inc42 that the startup is working on a new non-event AI-focused product
Conducting its third restructuring exercise in about 16 months, virtual event startup Airmeet laid off around 80% of its tech team last month, sources told Inc42.
The Prosus-backed startup also fired some employees from its product and design teams as part of the restructuring exercise. Overall, around 30 employees, or 20% of Airmeet’s workforce, were laid off, the sources added.