Clubhouse is laying off employees and 'resetting' the company

Clubhouse, the once hyped audio app that took off during the height of the pandemic, is laying off staff as part of a company "reset," the startup announced. In a letter to staff shared by the company, founders Paul Davison and Rohan Seth said they were "scaling back our org by over 50% and saying goodbye to many talented, dedicated teammates." Interestingly, Davison and Seth said that the company, which was reportedly valued at $4 billion in 2021, was still well-funded, with "years of runway re...