ADA SUPPORT LAYS OFF 23 PERCENT OF STAFF AMID UNCERTAINTY CAUSED BY PANDEMIC

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The 36 employees made up 23 percent of Ada’s team, which previously sat at 156. Ada confirmed the layoffs to BetaKit, noting this was a company-wide reduction in headcount, affecting all regions the startup operates in.

Ada’s decision to reduce its headcount by almost 25 percent comes just over a month after the startup announced it had closed a $63.7 million CAD ($44 million USD) Series B round.