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479 Productivity Startup Miro To Lay Off Roughly 18% of Staff

The Information
Jon Victor @ The Information · 10/30/2024 09:24 EDT

Miro, a startup which sells productivity software for businesses and was last valued at $17.5 billion, told employees Wednesday that it plans to lay off roughly 18% of its workforce or around 275 employees.

The layoffs are the latest example of how startups focused on selling niche business software are suffering as customers get more selective about spending. Miro rose to prominence during the pandemic when demand for its product, an online “whiteboarding” tool that lets employees collaborate on projects.

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