In December, StreetBees, a market research and insights platform, underwent a round of layoffs as part of its transition from a startup to a scale-up. The company reduced headcount in its Engineering, Product, Machine Learning, Marketing, and Sales teams to align investments with the current economic climate. While the exact number of employees affected was not disclosed, the layoffs impacted talent across the UK, US, Portugal, and Brazil. StreetBees, which has built its technology over eight years, made this difficult decision to streamline operations and ensure sustainability amid broader economic pressures.
