The Clubhouse social network, which has lost popularity, will lay off half of its employees. The company needs to evolve, so it needs to be restarted, the founders said. All laid off workers will receive wages until the end of August.
Clubhouse discussed the large-scale reduction in the number of staff on their blog. 50% of employees will be laid off from the company, but the company has not disclosed their total number for a long time: in October 2022, about 100 people worked in the Clubhouse.
Clubhouse co-founders Paul Davison and Roen Seth said their product needs to evolve and the company needs a reboot. They added that they are already working on Clubhouse 2.0, but did not share details of the development of the project.
The Clubhouse social network has gained a lot of popularity during the COVID-19 pandemic. In 2021, the company was valued at $4 billion. With the end of the mass spread of the coronavirus, Clubhouse began to lose popularity.
The Clubhouse social network with chat rooms was launched in March 2020 at the height of the COVID-19 pandemic. Speakers in the clubhouse at different times were Elon Musk, Jared Leto, Oleg Tinkov and other celebrities.
Author:
Kirill Bilyk
Source: RB
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