Lightspeed-backed Hubilo laid off around 45-50 employees earlier this month
The layoffs were part of its business strategy as Hubilo intends to focus on virtual, live and hybrid events
As per Inc42’s layoff tracker, Hubilo has become the 34th Indian startup to layoff employees in 2022
Bengaluru and San Francisco-based event tech startup Hubilo laid off around 12% of its workforce from across departments last week, sources said.
The startup has around 374 employees, as per its Linkedin page, which means it laid off around 45 employees.