SoundHound, the corporate that after mentioned it needed to problem Amazon and Google’s dominance within the AI voice market, has reportedly reduce about half its workforce. According to Gizmodo, the agency laid off about 200 workers final week as a part of a company-wide restructuring. If Gizmodo’s reporting is correct, the mass layoffs would mark the second employees discount SoundHound has undertaken in lower than a yr. In November, the corporate reportedly laid off 10 % of its workforce. Before the primary spherical of cuts, SoundHound employed roughly 450 individuals.
A trio of former workers who spoke to Gizmodo described a “pitiful” severance bundle contingent on the corporate elevating extra money. They declare the bundle contains no healthcare and solely two weeks of severance. The firm didn’t instantly reply to Engadget’s request for remark. SoundCloud went public through a special-purpose acquisition firm in early 2022. According to information from CrunchBase, the agency has raised…
2023-01-14 14:19:47
Source from www.engadget.com