Voyage SMS Layoffs
June 2022
Voyage SMS announced a layoff affecting 8 employees (13% of its workforce) in June 2022. The company operates in the Marketing sector.
8
13%
Jun 23, 2022
About
In June 2022, text message marketing startup Voyage SMS laid off eight employees, representing over 10% of its roughly 60-person workforce. The cuts included the chief operating officer and affected the full-time sales department and some contractors. CEO Rev Reddy cited the challenging macroeconomic climate and a shift in strategy toward growth efficiency as key reasons. The Santa Monica-based company, which had recently raised $10 million and acquired a rival, faced indirect pressure as consumer discretionary spending on ecommerce declined amid rising inflation, impacting its business integrated with platforms like Shopify.
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