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Social app IRL lays off 25% of team despite having ‘enough cash to last well into 2024’

par Natasha Mascarenhas | Juin 2, 2022 | Abraham Shafi, apps, irl, Labor, layoff, layoffs, online events, Social Media, Softbank, SoftBank Group, startup, tiktok, WhatsApp

“We have all seen the state of the market,” IRL CEO and co-founder Abraham Shafi wrote in a company-wide memo where the social app announced it would be dramatically cutting staff. Similar to dozens of startups over the past few weeks, IRL has just announced...

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