Click here to join our community of experts to get information on job search, salaries and more.

factory
Pitch
corporate_fare
Berlin, Non-U.S.
where_to_vote
Marketing
paid
Funding Stage - Series B
person
Layoff Count - 59

Posted on September 20, 2022

Tiger-backed startup Pitch lays off 30% of staff

Tiger-backed startup Pitch lays off 30% of staff

Earlier this year, the startup announced that it would pause hiring in anticipation of market conditions declining.
But, Reber says in a separate post on Notion, “the ongoing VC pullback” combined with “almost all technology companies globally… aggressively cutting costs” has further affected the business. Making these cuts now is part of a plan to extend the company’s runway until the end of 2026, he says.