MIRO, A UNICORN STARTUP ONCE VALUED AT $17.5 BILLION, IS LAYING OFF 18% OF ITS WORKFORCE

Summary from the TLDR Design newsletter

Miro, a digital collaboration platform, is laying off 275 employees (18% of its staff). This is the second cut following February's 7% reduction. CEO Andrey Khusid cited internal complexity and redundancies as factors amid growing market competition. A former employee noted that strategic challenges, rapid scaling, and unclear product direction contributed to these issues.