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An ex-employee summed up the state of affairs in one word: Pitiful. Im actually quite shocked by the way the layoffs were handled, one of the laid off employees told Gizmodo. I was expecting a 17 year old company, which is now a public company, to at least provide bare minimum severance. The severe cuts come just two months after another round of layoffs that saw 10% of the companys workforce eliminated and others聽burdened with salary reductions. SoundHounds workforce numbered 450 prior to
stanley cup the layoffs, but staff has been cut more than 50% in just three months, according to the former employees. In his email to staff, SoundHound co-founder and CEO Keyvan Mohajer described a period of rapid growth in 2021 but said changing market conditions were forcing it to re-evaluate its financials and accelerate its path to profitability in 2023. When we set course in early 2021 to become publicly listed, high tech companies like Soun
stanley cups dHound were the darlings of the investor community, Mohajer wrote. Companies who could achieve high growth, despite high costs, were seen as engines of a future economy. However, as a result of changing economic conditions, including high interest rates, rising inflation, and fears of recession, companies with our profile became much less desirable. SoundHound did not respond to Gizmodos multiple requests for comment.
stanley romania Mohajer added personal reflection on meetings with investors to his email: As I reflect on the feedback I received from the investor Wlue Get Ready, Choom: A New Cyberpunk Anime is On the Way
In The Game of Lives, the virtual reality VirtNet has turned deadly, and now every time Michael sinks into virtual reality, he risks his life. And the evil Kaine is close to his aim of blurring the line between the virtual and the real forever. 1 It is me, Helga whispered in his ear, patting him on the back. I promise you. Were going to get through the madness toget
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