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Clubhouse, Which Blazed A Trail In Live Audio, Is “Resetting” And Laying Off 50% Of Its Staff

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deadline.com

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, along with Twitch and other live digital platforms, played a role in disrupting the traditional media ecosystem, especially in the talk space.

Read more on deadline.com
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