Textnow the mobile app offering free second cellular and Wi-Fi enabled phone service has announced today that It will be letting go of 22 Employees ~ around 9% of its overall workforce.
The company hasn’t made an official announcement or a news release yet, we hear about these layoffs from a number of impacted employees through their stories shared on Linkedin.
The San Francisco-based company had a pandemic boost which drove its annual revenue to hit $100mn ahead of projections and the company was on track to grow 70% YoY – with in-app purchases growing 300% YoY.
Textnow was founded by Derek Ting and Jon Lerner in 2009.
Linkedin posts as shared by Impacted employees