AI startup Stability lays off 10% of employees after CEO exit
Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.
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Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.
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(Reuters) - Stability AI will lay off some of its staff as part of a restructuring process, according to a person familiar with the matter and an internal memo seen by Reuters on Thursday, weeks after founder Emad Mostaque resigned from his role as...