Hopin – The virtual events company based out of London is going through 2nd round of layoffs that could reduce the workforce by 30%, as reported by Business Insider.
Hopin, the all-in-one events management platform had undergone the first round of layoffs in early 2022 laying off around 137 employees. This time around as per the sources mentioned by Business insider, the event management company could axe about 30% of its staff – Which could be around 300+ Employees based on the company’s current Linkedin employee headcount.
In a statement to BusinessInsider, a spokesperson for Hopin said: “Hopin has taken measures to avoid additional layoffs. However, given the macroeconomic conditions, we are actively considering all options on our path to profitability and sustainable growth, and we have communicated to the team that further changes are a possibility.