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According to Howie Liu, Airtable's founder and CEO, the company was caught up in the hiring frenzy that swept the tech world following the easy-money days that followed the Covid-19 lockdowns of 2021.
Airtable will cut 237 jobs in its latest round of layoffs. The low-code software unicorn was last valued at $11 billion in 2021 following a $735 million funding round.
Three high-ranking executives are parting ways with the company that was valued at $11 billion late last year due to its no-code and low-code software.