Another huge round of layoffs for Knotel

Flex office company Knotel slashed its 400-person workforce by half, as the coronavirus pandemic has drained the unicorn startup’s membership base. Knotel laid off or furloughed 195 employees worldwide today, Commercial Observer reported. “Business as usual is over,” Knotel CEO Amol Sarva told the publication. “[The coronavirus crisis] isn’t short and we’ve decided that we’re going to take some sharp action ourselves on this. We’re going to prepare for the worst case.” The cuts come

source https://therealdeal.com/2020/03/27/another-huge-round-of-layoffs-for-knotel/