RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff

Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year, has laid off another 70 employees less than two weeks after letting go of 50% of its staff, TechCrunch has learned.
An affected employee who wished to remain anonymous told TechCrunch that just 42 people remain at the company – down from 230 in April – reflecting an 82% drop in headcount.
All of the company’s remaining workers in Europe, and some based in the U.S. were impacted by the latest round, according to the source. 
Founded in 2015 by then-17-year-old Iddo Gino, RapidAPI bu

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