SeekOut, an eight-year-old recruitment startup utilizing AI for candidate discovery, reduced its workforce by approximately 30% last Thursday, May 16th. In a recent communication to employees, SeekOut’s CEO Anoop Gupta and CTO Aravind Bala highlighted the company’s financial challenges, stating, “‘“We’ve been in a position where we’re spending roughly $2 to earn $1, leading to … Continue reading Recruiting Startup SeekOut, Once Valued at $1.2 Billion, Cuts 30% of its Workforce