{"id":22823,"date":"2023-04-28T04:16:42","date_gmt":"2023-04-28T04:16:42","guid":{"rendered":"http:\/\/e834b57c-a400-489a-af1b-7a9573f3095c12"},"modified":"2023-04-28T04:16:42","modified_gmt":"2023-04-28T04:16:42","slug":"clubhouse-is-laying-off-employees-and-resetting-the-company","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/clubhouse-is-laying-off-employees-and-resetting-the-company\/","title":{"rendered":"Clubhouse is laying off employees and \u2018resetting\u2019 the company"},"content":{"rendered":"
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Clubhouse, the once hyped audio app that took off during the height of the pandemic, is laying off<\/ins><\/span> staff as part of a company \u201creset,\u201d the startup announced. In a letter to staff shared by the company, founders Paul Davison and Rohan Seth said they were \u201cscaling back our org by over 50% and saying goodbye to many talented, dedicated teammates.\u201d<\/p>\n

Interestingly, Davison and Seth said that the company, which was reportedly valued at $4 billion<\/ins><\/span> in 2021, was still well-funded, with \u201cyears of runway remaining.\u201d They added that they \u201cdo not feel immediate pressure to reduce costs.\u201d<\/p>\n

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Clubhouse exploded<\/ins><\/span> in popularity early in 2021 at a time when many people were feeling socially isolated due to the pandemic. The app was able to draw in big names like Elon Musk and Oprah for its live audio chats, which helped further fuel its early success. But Davison would later acknowledge<\/ins><\/span> that growth came \u201cway too fast,\u201d and usage dropped off<\/ins><\/span> amid competitors cloning the service and more people returning to their normal activities as the pandemic eased.<\/p>\n

In their letter to staff, Davison and Seth alluded to these issues. \u201cBut as the world has opened up post-Covid, it\u2019s become harder for many people to find their friends on Clubhouse and to fit long conversations into their daily lives,\u201d they wrote. \u201cTo find its role in the world, the product needs to evolve. In order to fix this we need to reset the company, eliminate roles and take it down to a smaller, product-focused team.\u201d<\/p>\n

The founders went on to say that they will be focusing on \u201cClubhouse 2.0,\u201d though they didn\u2019t elaborate on what the service may look like going forward, just that it would be built by a \u201csmaller team.\u201d<\/p>\n

Clubhouse isn\u2019t the only live audio service to struggle. Spotify recently shut down<\/ins><\/span> its standalone live audio app, Greenroom. And Reddit closed its take on live audio, Reddit Talk, in March<\/ins><\/span>. Even Amazon<\/ins><\/span> and Meta<\/ins><\/span> have struggled to keep some of their audio projects going.<\/p>\n

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"

Clubhouse, the once hyped audio app that took off during the height of the pandemic, is laying off staff as part of a company \u201creset,\u201d the startup announced. In a letter to staff shared by the company, founders Paul Davison and Rohan Seth said they were \u201cscaling back our org by over 50% and saying …<\/p>\n","protected":false},"author":1,"featured_media":22824,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"hashtags":[],"_links":{"self":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/22823"}],"collection":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/comments?post=22823"}],"version-history":[{"count":0,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/22823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media\/22824"}],"wp:attachment":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media?parent=22823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/categories?post=22823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/tags?post=22823"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/hashtags?post=22823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}