Proptech firm VTS lays off 20% of staff
Briefly

As we continue to scale, we want to ensure that our growth is strategic and that resources are allocated in the best way possible.
The difficult decision to reevaluate a portion of our team was made, but we remain grateful for the creativity that contributed to VTS's success.
VTS reached a valuation of $1.7 billion in 2022 thanks to a $125 million funding round led by CBRE.
VTS has generated over $100 million in revenue, showcasing its success in providing technology solutions for property owners and businesses in a hybrid work environment.
Read at therealdeal.com
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