208. Matterport to Layoff 170 Employees: 30% of Worldwide Workforce | Matterport CEO RJ Pittman Announcement | #mttr

In a Matterport blog post today (Tuesday, July 11, 2023), Matterport CEO RJ Pittman announced Matterport layoffs.

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"reduction of approximately 170 roles, or 30% of its workforce", according to the Matterport 8-K filed with the SEC today.
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Also today, We Get Around Network Forum Founder and Managing Editor Dan Smigrod announced that Matterport employees that have been let go are welcome to post to the WGAN Forum - at no charge - that they are seeking their next full-time employment opportunity, where they are located and include a link to their LinkedIn profile. 

 

The following is the verbatim text of the Matterport blog posted on Tuesday, July 11, 2023 by Matterport Chief Executive Officer and Chairman of the Board of Directors RJ Pittman. 

 

Accelerating Toward a Data-Driven Future 

Navigating the challenges of disruptive innovation

 

by RJ Pittman. July 11, 2023

 

Today we’re making some significant changes at Matterport to help us achieve our strategic priorities faster and more efficiently. As part of our ongoing effort to optimize our global workforce and improve operating efficiency, we are reorganizing to streamline business operations. As a result, we have made the difficult decision to eliminate certain roles across the company, and start the process to evaluate possible redundancies in EMEA. 

We are saying goodbye to world-class professionals who will go on to do incredible things in their careers, and we will support them in the best way we can. I send my heartfelt thanks and gratitude to each and every Matterpeep that has helped shape the very special, industry-leading company we are today.

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The text continues in the We Get Around Network Forum (www.WeGetAroundNetworkForum.com):

https://www.wegetaroundnetwork.com/topic/18861/page/1/layoffs-announced-by-matterport-ceo-rj-pittman--11-july-2023/