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Several workers at Mural, a startup that creates online collaboration tools, were laid off earlier this week, according to LinkedIn posts from affected employees.
Current and former employees posted on Twitter and LinkedIn over the past few days informing their networks of the layoffs. At least nine Mural employees have posted about being laid off in departments including HR and recruiting, engineering and marketing. One former employee’s LinkedIn profile stated she had been laid off due to “company restructuring.” It's unclear how many total workers were let go. Leah Taylor, a spokesperson for Mural, confirmed the layoffs, but did not clarify how many employees were affected. CEO Mariano Suarez-Battan said while the decision wasn't easy, it was necessary for the company's "long-term success."
"Mural has made certain staffing reductions, focused on redundancies while scaling back projections on headcount increases for 2022," Taylor wrote.
Mural is not the only startup experiencing layoffs over the past several weeks. Pandemic darling Cameo laid off almost 90 workers, including a handful of senior execs, earlier this week (although that didn't stop it from throwing an NFT party). Thrasio, which works with Amazon sellers, terminated some workers and named a new CEO. MainStreet and On Deck also cut their staff.
Mural is valued at more than $2 billion. The digital collaboration software provider raised $50 million in funding last summer and is one of several startups that gained traction during the height of the COVID-19 pandemic. Digital whiteboards became particularly useful as a way for workers to collaborate and share content remotely. Figma and Miro are among Mural’s top competitors.