This week, according to sources close to the situation, theHumane The company has carried out layoffs, firing 4% of the company's workforce, in a move described as a cost-cutting measure. A person familiar with the matter, who requested anonymity, said the company's leadership had recently informed employees that the budget for this year would go down.
The layoffs, which involve 10 people, come five years after the startup was founded and launched itsFirstBefore the device. The device is a $699, screenless, AI-powered Pin, touted as a smartphone replacement.Humane launched the AI Pin globally in November and began taking pre-orders, with shipments scheduled to begin in March.
Humane has raised more than $200 million to date, including investments from Silicon Valley luminaries including OpenAI CEO Sam Altman. The company was founded in 2019 by CEO Bethany Bongiorno and her husband Imran Chaudhri, both of whom spent a lot of time at Apple.
Also in the post, she announced that founder CTO Patrick Gates "will also be transitioning into a consultant role to spend more time with his family." As part of the reorganization, she said, the company has promoted new heads of hardware, software and people.