Sharebite Lays off 30% Workforce

Sharebite logo

Sharebite, the New York-based company that is into Food benefits for companies & Restaurants has announced a round of layoff on Wednesday, August 3 letting go 30% of its overall workforce.

Though the company hasn’t made any official statement yet, we get to know first hand from the impacted employees through Linkedin.

The total number of employees impacted by these layoffs is yet unclear, though we guess that close to 60 employees would have been let go based on the company’s Linkedin profile page which claims the company has a total headcount of 200 Employees.

This news comes to light not long after Sharebite raised a Series B for $39mn in July from Prosus Ventures.

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