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The well-liked meditation startup Calm, recognized for its wellness app of the similar identify, has laid off 20% of its group of workers, in step with
Roughly 90 out of 400 Calm staff had been laid off, in step with the Wall Street Journal. Founded in 2012, the San Francisco-based startup used to be
“I will guarantee you that this used to be no longer a very easy choice, however it’s particularly tricky for an organization like ours whose project is involved in place of job psychological well being and wellness,” Ko mentioned within the memo, in step with the file.
Ko started serving as CEO this summer season when co-founders Michael Acton Smith and Alex Tew moved into co-chairman roles. He were named co-CEO in February when Calm got Ripple Health Group.
At the time, Smith advised CNBC that the corporate noticed speeded up enlargement originally of the pandemic as other people began to concentrate on psychological well being.
“It is so treasured now that everybody is speaking about it, and I do not believe it will pass away,” he
Source Link: https://www.cnbc.com/2022/08/12/meditation-app-calm-reportedly-lays-off-20percent-of-employees.html