Clubhouse, the live audio app that once drew big buzz and interest in a multi-billion-dollar takeover, is “resetting” and letting go of 50% of its staff of a few dozen workers.
Founders Rohan Seth and Paul Davison sent a memo to employees to break the news Thursday. “We’re deeply sorry to be doing this, and we would not be making this change if we didn’t feel it was absolutely necessary,” they wrote.
Laying out their reasoning for what they called a “resetting” of the company, the pair cited the reopening of society after the shutdowns of the pandemic. “As the world has opened up post-Covid, it’s become harder for many people to find their friends on Clubhouse and to fit long conversations into their daily lives,” the memo added. “To find its role in the world, the product needs to evolve. This requires a period of change.”
Clubhouse,...
Founders Rohan Seth and Paul Davison sent a memo to employees to break the news Thursday. “We’re deeply sorry to be doing this, and we would not be making this change if we didn’t feel it was absolutely necessary,” they wrote.
Laying out their reasoning for what they called a “resetting” of the company, the pair cited the reopening of society after the shutdowns of the pandemic. “As the world has opened up post-Covid, it’s become harder for many people to find their friends on Clubhouse and to fit long conversations into their daily lives,” the memo added. “To find its role in the world, the product needs to evolve. This requires a period of change.”
Clubhouse,...
- 4/28/2023
- by Dade Hayes
- Deadline Film + TV
New Delhi, April 28 (Ians) Popular social audio platform Clubhouse, which gained popularity during the Covid-19 pandemic, has laid off more than half of its staff.
Founded by Paul Davison and Rohan Seth, Clubhouse said it is scaling back by over 50 per cent and “saying goodbye to many talented, dedicated teammates in the process.”
“We’re deeply sorry to be doing this, and we would not be making this change if we didn’t feel it was absolutely necessary,” said the founders.
Those impacted will receive severance and continued healthcare coverage for the next few months.
“We will pay salaries for the rest of April, plus 4 months of additional severance for all departing employees. This means everyone affected will receive their full salary until Aug 31, 2023,” said Davison and Seth.
“We will allow everyone who is impacted to keep their company-issued laptops, to help them research and apply for new roles,” added...
Founded by Paul Davison and Rohan Seth, Clubhouse said it is scaling back by over 50 per cent and “saying goodbye to many talented, dedicated teammates in the process.”
“We’re deeply sorry to be doing this, and we would not be making this change if we didn’t feel it was absolutely necessary,” said the founders.
Those impacted will receive severance and continued healthcare coverage for the next few months.
“We will pay salaries for the rest of April, plus 4 months of additional severance for all departing employees. This means everyone affected will receive their full salary until Aug 31, 2023,” said Davison and Seth.
“We will allow everyone who is impacted to keep their company-issued laptops, to help them research and apply for new roles,” added...
- 4/28/2023
- by Agency News Desk
- GlamSham
Clubhouse, the once-buzzy live audio app that has seen usage decline compared to its pandemic heyday, is laying off more than half of its staffers as the company’s co-founders seek to pare the organization back to a “smaller, product-focused team.”
In a letter shared publicly and with employees Thursday, Clubhouse co-founders Paul Davison and Rohan Seth said the company would be “scaling back” by more than 50 percent. A spokesperson for Clubhouse declined to share the exact number of employees impacted by the layoffs, though the company had around 100 employees as of last October.
“We need to reset the company, eliminate roles and take it down to a smaller, product-focused team. We arrived at this conclusion reluctantly, as we have years of runway remaining and do not feel immediate pressure to reduce costs. But we believe that a smaller team will give us focus and speed, and help us launch...
In a letter shared publicly and with employees Thursday, Clubhouse co-founders Paul Davison and Rohan Seth said the company would be “scaling back” by more than 50 percent. A spokesperson for Clubhouse declined to share the exact number of employees impacted by the layoffs, though the company had around 100 employees as of last October.
“We need to reset the company, eliminate roles and take it down to a smaller, product-focused team. We arrived at this conclusion reluctantly, as we have years of runway remaining and do not feel immediate pressure to reduce costs. But we believe that a smaller team will give us focus and speed, and help us launch...
- 4/27/2023
- by J. Clara Chan
- The Hollywood Reporter - Movie News
Mindy Kaling, Simu Liu, HoYeon Jung, Blackpink, Olivia Rodrigo and more are among those honored on Gold House’s 2022 most impactful Asians A100 list.
The A100 List honors trailblazers who are at the forefront of what the organization calls the “new gold age.” The honorees are selected across industry categories, and for the first time ever, Gold House will celebrate these honorees in-person and announce several new initiatives at the inaugural Gold Gala on May 21 in downtown Los Angeles.
Dwayne “The Rock” Johnson said in a statement, “Our differences are our greatest strengths, and recognizing representation in entertainment and amplifying the voices and contributions of our Aapi community is of the highest importance. I could not be more proud of my Black and Samoan heritage, and one of my greatest passions in life is enriching my daughters’ lives with our people’s history so they also understand the importance of...
The A100 List honors trailblazers who are at the forefront of what the organization calls the “new gold age.” The honorees are selected across industry categories, and for the first time ever, Gold House will celebrate these honorees in-person and announce several new initiatives at the inaugural Gold Gala on May 21 in downtown Los Angeles.
Dwayne “The Rock” Johnson said in a statement, “Our differences are our greatest strengths, and recognizing representation in entertainment and amplifying the voices and contributions of our Aapi community is of the highest importance. I could not be more proud of my Black and Samoan heritage, and one of my greatest passions in life is enriching my daughters’ lives with our people’s history so they also understand the importance of...
- 5/2/2022
- by Jazz Tangcay
- Variety Film + TV
Few people expected Clubhouse, the live social audio platform that launched in the early days of the pandemic, to grow as quickly as it did. Not even co-founder Paul Davison, who recalls scrambling to fix bugs and crashes with partner Rohan Seth when the company was run by just the two of them. “I think we grew way, way, way too fast,” Davison tells THR over Zoom from an office in San Francisco. “The user base just kept growing and it kept growing and it kept growing. We tried to slow it down with the invite system, but people ...
- 11/12/2021
- The Hollywood Reporter - Movie News
Few people expected Clubhouse, the live social audio platform that launched in the early days of the pandemic, to grow as quickly as it did. Not even co-founder Paul Davison, who recalls scrambling to fix bugs and crashes with partner Rohan Seth when the company was run by just the two of them. “I think we grew way, way, way too fast,” Davison tells THR over Zoom from an office in San Francisco. “The user base just kept growing and it kept growing and it kept growing. We tried to slow it down with the invite system, but people ...
- 11/12/2021
- The Hollywood Reporter - Film + TV
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