Bobble AI lays off 50 employees amid organizational redesign

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Bobble AI, the homegrown AI-powered communication and data intelligence startup, has laid off about 50 employees in a recent round of restructuring, according to three sources aware of the matter.

“The move was communicated internally and has been attributed to the company’s ongoing fundraising challenges. The layoffs were linked to the slowdown in closing fresh funding,” said a source, requesting anonymity.

Bobble AI confirmed the development to Entrackr.

“Bobble AI recently undertook an organizational redesign to align with our long-term…



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Bobble AI lays off 50 employees amid organizational redesign


Bobble AI, the homegrown AI-powered communication and data intelligence startup, has laid off about 50 employees in a recent round of restructuring, according to three sources aware of the matter.

“The move was communicated internally and has been attributed to the company’s ongoing fundraising challenges. The layoffs were linked to the slowdown in closing fresh funding,” said a source, requesting anonymity.

Bobble AI confirmed the development to Entrackr.

“Bobble AI recently undertook an organizational redesign to align with our long-term…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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