ConsumerSE
Memmo Layoffs
June 2022
Memmo announced a layoff affecting 0 employees (40% of its workforce) in June 2022. The company operates in the Consumer sector.
People Affected
0
Percentage
40%
Announced Date
Jun 8, 2022
About
Memmo, a Swedish video message platform, laid off approximately 30 employees in May 2023, representing around 15% of its workforce at the time. The company, operating in the creator economy and digital services industry, cited a need to restructure and extend its financial runway amid broader market challenges. This reduction was part of a strategic shift to focus on core operations and ensure long-term sustainability.
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