in

Path drops 20% of employees

On the corporate scale, 20% is a lot of people. With a company like path, it’s 13. Still, it’s significant.

Dave Morin’s social networking app Path laid off 13 employees today, which represents 20 percent of the company’s staff. A spokesperson for the company confirmed the layoffs, saying, “We’re working to realign the company to support continued innovation and Path 4.0.”

In response to question about layoffs as a bad sign for a startup in growth mode, the Path spokesperson said, “It’s just a realignment of the company. I wouldn’t read anything into it. The business is strong we have 20 million users.”

What do you think?

Avatar of Alfie Joshua

Written by Alfie Joshua

Alfie Joshua is the editor at Auto in the News. Find him on Twitter, and Pinterest.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Intel hitting a ton of tablets next month

The Windows Phone back button is here to stay for now