Nextdoor Lays Off 25% of Staff as ‘Commitment to Shareholders’
Image: Ascannio (Shutterstock) Nextdoor, a popular neighborhood app, is prioritizing its “commitment to shareholders” over its commitment to employees by eliminating a quarter of its staff to meet shareholder expectations, the company said in a 2023 Q3 report Tuesday. The layoffs are reportedly part of an effort to reduce Nextdoor’s personnel expenses by up to $60 … Read more