Airtime, the video startup founded by Phil Libin, has laid off 25 of its 58 employees in what it describes as part of its seasonal employment approach. Although Airtime claimed these layoffs were expected, many employees reportedly felt blindsided, having earlier been informed that job cuts were not anticipated. Following previous layoffs, the company introduced a unique seasonal employment structure, allowing staff time to adjust to job security risks. The news raises questions about future sustainability amidst ongoing competition in the videoconferencing landscape.
The company implemented a 'seasons'-focused employment structure to mitigate surprise layoffs, allowing employees time to seek new jobs if not invited back.
Despite being characterized as seasonal layoffs, many employees were caught off-guard by the recent cuts, contradicting earlier assurances about job security.
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