a16z-backed Loom lays off 14% of staff, one year after becoming a unicorn

Loom, an enterprise collaboration video messaging service, has laid off 34 employees, or 14% of its total staff, sources say. Employees across product and people operations were impacted.
The venture-backed company confirmed the layoff and number of people impacted, and provided the following statement from founder and CEO Joe Thomas:
We’ve had to make the extremely difficult decision to move forward with a reduction in force across our team. Each person impacted was not only a talented employee, but also a valued individual and teammate. We’re committed to supporting these employees through

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