02-06-2022 18:35 via computerworld.com

Video collaboration startup Loom announces layoffs

Loom, a collaboration startup that sells software for asynchronous video communication, has laid off staff, citing cost reductions amid economic headwinds.According to sources cited by TechCrunch, the company laid off 34 employees, which amounts to 14% of its workforce. Loom confirmed to Computerworld the number of staff laid off and provided the following statement from CEO Joe Thomas:
We’ve had to make the extremely difficult decision to move forward with a reduction in force across our
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