On the corporate scale, 20% is a lot of people. With a company like path, it’s 13. Still, it’s significant.
Dave Morin’s social networking app Path laid off 13 employees today, which represents 20 percent of the company’s staff. A spokesperson for the company confirmed the layoffs, saying, “We’re working to realign the company to support continued innovation and Path 4.0.”
In response to question about layoffs as a bad sign for a startup in growth mode, the Path spokesperson said, “It’s just a realignment of the company. I wouldn’t read anything into it. The business is strong we have 20 million users.”