Roomi lays off more than half of its workforce after funding falls through: report

Roomi, an online roommate finder that clinched market share by snatching up its competitors, is laying off more than half of its staff after a failed funding round. The layoffs were announced Friday in an update to a CNN profile of Roomi’s founder Ajay Yadav and the startup. The company said a “round of funding it had anticipated fell through,” which meant 40 to 50 layoffs of Roomi’s 63 employees. Yadav told CNN that “it […]

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