Chicago-based Cameo – Celebrity media platform has announced that it has undergone a 2nd round of layoffs impacting 80 Employees.
The company which was deemed to have reached unicorn status within a few years of its launch had brief layoffs in May of this year. The layoff information was communicated to the impacted employees through the company-wide announcement.
CEO Steven Galanis took to twitter In announcing the company’s move to layoffs
Today at Cameo, I made the difficult decision to further reduce the size of our team in order to adjust to the worsening macroeconomic environment. To those impacted today, from the bottom of my heart, thank you.— Steven Galanis (@Mr312) November 9, 2022