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Hopin cuts 29% of its staff, just months after its last layoffs

Virtual events platform Hopin, last valued at a $7.75 billion valuation, has laid off 29% of employees, or 242 people, a spokesperson confirmed to TechCrunch over e-mail. The cuts come just four months after Hopin let 12% of its workforce go, at the time citing a goal of sustainable growth amid the changing market.
In the company’s latest staff reduction, Hopin said that the employees impacted primarily supported its events business. Assuming that most people within the company work to support its event business, it’s unclear which teams were specifically reduced. Hopin said that it has

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