New York, New York-based Dataminr, an artificial intelligence company providing software tools to monitor real-time events, and to aid with crisis response by providing playbooks, messaging tools, and post-event documentation, has announced that it will be restructuring its business and reducing its workforce by 20 percent.
The reduction in force will impact 150 employees and separations are scheduled for
According to a memo authored by founder and CEO Ted Bailey, the decision was driven by "the economic environment, operational efficiencies, and the rapid advancements of their AI platform."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?